Dollar Index Spikes To Crucial Resistance Level

The Dollar Index has surged almost 7% in the last two months – one of the fastest spikes in 8 years – with the post-Trump spike the most significant. Today’s buying panic has sent the Dollar Index to a crucial resistance level at around 101.80 (the 61.8% retracement of the 2001-2008 collapse).

This post was published at Zero Hedge on Nov 23, 2016.

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