Dollar Index Breaks Key Fibonacci Barrier, Sets Stage for July’s Bigger Battle

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Dollar’s rally gathered further momentum this week as a combination of technology-sector liquidation, quarter-end positioning, and growing expectations of additional Federal Reserve tightening pushed Dollar Index through a critical long-term technical barrier. The move marks one of the most important developments for the currency market in 2026, as the break above the 38.2% retracement of […]The post Dollar Index Breaks Key Fibonacci Barrier, Sets Stage for July’s Bigger Battle appeared first on ActionForex.