Goose96

DXY recovery

Long
TVC:DXY   U.S. Dollar Index
The greenback’s recovery is allowing it to dance with the 50-day MA at 105.84. A failed break above this rate will see the DXY slide into the support range around 104.73. It’s difficult to gauge investor risk appetite at the moment but I personally predict the current dollar weakness to be a bullish pullback for the greenback which will send the DXY to 107.11.

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