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The Dollar index bounced as expected but found resistance at 96.50 and did not manage to break it. A rejection at current levels will imply a move lower below 95.
Price is below the 4-hour Kumo and trying to hold above the tenkan- and kijun-sen indicators. Support is at 96 and resistance at 96.50. A break above 96.50 could push the index towards 98. A break below 96 will open the way for new lows towards 94.50.
