Dollar Index Outlook: Dollar Remains at Back Foot on Optimism Over Economic Recovery

<p>The dollar remains in red on Monday and probes again through cracked 200WMA (96.30), pressuring supports at 96.18/16 (Fibo 76.4% of 95.68/97.78 / last Thursday’s low). Larger downtrend remains intact, with past three weeks action in red and today’s fresh extension lower, suggesting that 95.68/97.78 action might be over. The greenback’s sentiment is negative as […]</p>
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