FX Weekly (24 Sep ’17)

USD DXY Index showing signs of stabilisationSigns of stabilisation around the 91.35, (50%) Fibonacci retracement of the 2014-2017 rally, as oversold momentum unwinds.

Cautious Upgrade to Neutral as the Tension Indicator also turns higher.

A close above 93.50 would provide further stability and improve negative background studies.

 

 

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