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Forex: US Dollar Index hovering over 83.00

FXstreet.com (Barcelona) - The greenback, measured by the US Dollar Index, is trading in the defensive ground on Wednesday although keeping the key 83.00 figure so far, as markets remain biased towards riskier assets.

In the data front, US Durable Goods Orders disappointed investors contracting 5.7% on a monthly basis during March, missing the median at -2.8% and down from February’s 4.3% advance. Striping the Transportation sector, orders followed suit, falling 1.4% vs. +0.7% estimated and -1.7% previous.

At the moment, the index is losing 0.14% at 83.07 and according to tradingcentral.com the next support levels line up at 82.75, 82.55 and 82.35; resistance levels align at 83.20, 83.35 and 83.50.

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