Short term the dollar index looks to be loosing momentum as it approaches a key weekly/daily level. On the daily time frame it has broken this level of 96.60 but has retraced back below within the same week, this time frame is also indicating that bearish divergence in the RSI indicator. On the weekly time frame it can be seen that this levels has held as support/resistance for a number of weeks through out the year.
Chart PatternsTrend AnalysisWave Analysis

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