Technical analysis for the DXY dollar index, the index formed tweezer top on the weekly chart, which is a signal for a pullback. The first target for the pullback, the 0.386 FIB retracement at 95.55, was achieved. The second target is the 0.618 FIB retracement at 94.70. The support and 0.618 FIB retracement at 94.70 will be monitor by a lot of traders and institution for potential rejection and resumption of the bullish trend.
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