Nick Nasad
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USD Index Slices Through Short-Term Supportm as EUR/USD Pushes Past Resistance

Traders are continuing to offload USD following Friday's NFP report.

Here we take a look at the USD Index, and notice that it has sliced through a short-term support around 81.70.

That level had set up over 2 trading sessions, and with that break we have some movement in the EUR/USD for instance, which also broke out of a holding pattern in which it had an important resistance.

- Nick