Technical Analysis – US dollar index stops below 23.6% Fibo; negative risks not faded yet

The US dollar index touched the 23.6% Fibonacci retracement level of the down leg from 103.80 to 95.60 at 97.52 and retreated lower, heading towards the three-month low. The MACD is flattening below the trigger and zero lines, while the RSI is sloping down in the negative zone in the short-term.  Also, the 20-day simple […]