US Dollar Index CFD Weekly - 12 - 16 Oct 2020

Fundamentally, last week US Dollar edged lower on news indicating a possible resumption of US stimulus talks.

Technically, this week price heading towards inside downtrend pitchfork channel. indicating strong bearish although long term we are looking at range trading since August drop but however on the weekly charting expecting further drop towards median major support.
PitchforksSupport and ResistanceTrend Analysis

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