2:13 م
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US DOLLAR INDEX: Prices put in a Bearish Engulfing
candlestick pattern below resistance in the 9928-38 area, hinting a move
lower is ahead. Initial rising trend line support is at 9810, with a
break below that exposing the September 14 close at 9773. Alternatively,
a push above resistance targets the top of a falling channel
established from the June 1 swing high, now at 9962.
— Written by Ilya Spivak, Currency Strategist for Dailyfx.com
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