JinDao_Tai

US Govt Shutdown and the DXY

TVC:DXY   U.S. Dollar Index
Expect further USD price consolidation (or slight weakness) as we move towards a potential US government shutdown this Friday. Look out for headlines regarding this news, paying particular attention indicating if US lawmakers have come to the agreement to avoid a shutdown.

DXY has bounced off the 90.40 support level, but until the shutdown has been avoided, this bounce could be considered only as a technical play.

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