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USD Index Consolidates Above Support Zone Before Potential Drop to 92K
Currently, there is nothing new on the H4 chart. The main zone is around 102,000 to 104,000. Everything below it is considered a correction. If we break through this zone, the movement is expected to head towards approximately 92,000.
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AI Analysis
The current technical analysis of the USD Index on the H4 timeframe indicates stability within a significant support zone between 102,000 and 104,000. This area acts as a critical threshold; movement ...
AI Recommendation
Traders should monitor the USD Index's movement around the 102K-104K zone closely. Maintaining a cautious stance is advisable until a clear breakout is observed. A break below the support zone could b...
Disclaimer
The AI analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.