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US Dollar Index Analysis for October 30, 2026
The US Dollar Index retreated from the 1/2 margin zone resistance and the upper boundary of the weekly average range, moving straight down to test the 1/2 margin support, followed by an immediate test of the lower weekly average range boundary.
I have noted several times that the Dollar Index reacts very precisely to its average ranges.
Today, I expect another retest of the local lows, though a clear breakdown is not anticipated yet, even if that remains the priority scenario for next week.