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The weekly chart of the US dollar index formed a small doji candlestick, lacking momentum in its upward trend

The weekly chart of the US dollar index formed a small doji candlestick, lacking momentum in its upward trend

Bitget2024/01/29 04:06

According to Jinshi's report, the US dollar index formed a small doji star pattern on the weekly chart, lacking enthusiasm for further gains. Market expectations for a rate cut by the Federal Reserve in March continue to hover around 50%. The key is whether the Fed will send a dovish signal similar to this situation this week.

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