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The USD Index is likely to retrace to the OTE (Optimum Trade Entry) and the 79% level from the Fibonacci retracement. It will try to overcome the liquidity pool at the 98.58-98.66. As long as the #USDX does not decline bellow the 97.35, the US dollar may grow to 98.58-98.66.
The overall bias for #USDX is bullish.
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The material has been provided by InstaForex Company - www.instaforex.com