See the monthly chart of the Dollar Index given below and you will get the idea why it is so very important for Dollar index to hold on to $78/80 zone! It’s an important pivot point (61.8% fib retracement drawn from 2008 lows to 2009 highs). A break down from here straight goes to test $75 and then perhaps a test of lows???
Ps: not posting the daily chart coz nothing major changed in that!!!
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