Five Major Lows on the Dollar Index at the 78-81 Level

This is a weekly chart of the US Dollar index going back 25 years. It is quite clear when looking at this chart that the 78-81 level in the US Dollar index is incredibly important. There have been five major lows created between 78-81 since 1990. I would expect to see an intermediate low created in this zone in the next few weeks.

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