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RE: (VIDEO) The Dollar Meltdown Continues: THIS Is What You Must Do NOW! By Gregory Mannarino
DXY just broke below its 100 day moving average. We do have fibonacci support around 96.7 or so, but if that also breaks there is nothing but air until the 91 level. No trend line in sight to give support until 88 or so. So watch if it goes below 96.5 or so!
Dollar is extreme oversold - moreover, hard breaking resistance for euro index is about 90.50 (now euro index represents 90.32). So we are near bottom for USD Index - something between 96.50 - 97.00.