U.S Dollar Index: Recovers, Eyes The 94.00 Levels!
As long as 92.67/93.00 support holds on a daily closing basis, the US dollar index remains in a recovery mode and further upside could be seen to the 94.05 levels, a halt is likely but a break will restore the upside momentum and pave the way to the 95.00 levels ahead of the 95.57 levels.
On the downside, below 92.67 will eliminate recent recovery and turn the focus again to the downside to the 92.45 levels, buyers may return here, however; a clear break below that level will pave the way to the 91.95 levels ahead of 91.58/91.18 levels.
Conclusion: The USDINDEX continues to face recovery threats above 92.67 levels.
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