The US dollar weakness in july seem to have halted for the time being as the MACD on daily chart has crossed to upside indicating halt in downward momentum. So Dollar index is likely to be in a rangebound condition for next few days. Also 92.5 to 93 is a good long term support level where it has bounced from. If the chart forms a double bottom here at 93, then it would test 95 in coming week. Euro likely to test 1.2 level and that would be likely bottom of dollar index.
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