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13 Mar 2013
Forex: US Dollar Index eyes 83.00 after sales
The greenback, measured by the US Dollar Index, is inching higher on Wednesday, retracing ground after briefly surpassing the key resistance of 83.00
The USD has sharply appreciated after the US retail sales expanded 1.1% in February, surpassing both expectations and January’s print at +0.5% and +0.2%, respectively.
At the moment, the index is advancing 0.37% at 82.90
According to tradingcentral.com, the next resistance levels line up at 83.15 and 83.30; while support levels await at 82.30, 82.05 and 81.90
The USD has sharply appreciated after the US retail sales expanded 1.1% in February, surpassing both expectations and January’s print at +0.5% and +0.2%, respectively.
At the moment, the index is advancing 0.37% at 82.90
According to tradingcentral.com, the next resistance levels line up at 83.15 and 83.30; while support levels await at 82.30, 82.05 and 81.90