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1 Mar 2013
Forex: US Dollar Index consolidates gains above 82.00
The US Dollar Index, which tracks the greenback against its major rivals, is posting strong gains on Friday, boosted by the increasing risk aversion on the US ‘sequester’.
Positive data from the US manufacturing sector and improved consumer sentiment have also collaborated in the upside.
At the moment, the index is advancing 0.45% at 82.36 and according to tradingcentral.com, the next resistance is line up at 82.40, 82.60 and 82.70; while the support levels align at 81.90, 81.75 and 81.60
Positive data from the US manufacturing sector and improved consumer sentiment have also collaborated in the upside.
At the moment, the index is advancing 0.45% at 82.36 and according to tradingcentral.com, the next resistance is line up at 82.40, 82.60 and 82.70; while the support levels align at 81.90, 81.75 and 81.60