US Dollar Index had dropped through 91.35 levels yesterday, before bouncing back higher again. It seems to have found support at fibonacci 0.618 retracement of its recent rally between 90.62 and 92.50 levels respectively. A push above 91.90 would confirm that a meaningful bottom is in place and carved a lower degree wave ii within Wave (iii). The counts are adjusted today to incorporate the low registered at 91.35 levels. Bulls might be looking to remain in control from here on.
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