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Technical analysis for the FXCM dollar index, the price reached a key resistance and the 0.386 FIB retracement on the weekly and the monthly charts and started a pullback on the daily chart. The focus now is on the previous daily low at 12 022, which is a 0.386 FIB retracement. If the FXCM dollar index breaks below the 0.386 FIB retracement at 12 022, that will be a signal for further bearish pressure toward the 0.618 FIB retracement and the low at 11 966.
The previous monthly high at 12 158 is a key level for the FXCM dollar index. If the index breaks above 12 158, that will have bullish implications, and it will open the door for a bullish run toward the 0.618 FIB retracement on the monthly chart at 12 425.
Daily chart:
![FXCM Dollar Index daily chart Technical Analysis for trading/investing](https://tradingchartanalysis.com/wp-content/uploads/2021/10/FXCM-Dollar-Index-Technical-analysis-daily-chart-14-October-2021-1280x651.jpg)
Weekly chart:
![FXCM Dollar Index weekly chart Technical Analysis for trading/investing](https://tradingchartanalysis.com/wp-content/uploads/2021/10/FXCM-Dollar-Index-Technical-analysis-weekly-chart-14-October-2021-1280x670.jpg)
Monthly chart:
![FXCM Dollar Index monthly chart Technical Analysis for trading and investing](https://tradingchartanalysis.com/wp-content/uploads/2021/10/FXCM-Dollar-Index-Technical-analysis-monthly-chart-14-October-2021-1280x656.jpg)