TrainingTrader

Is the Dollar breakout confirmed?

ICEUS:DX1!   U.S. Dollar Index Futures
The United States Dollar Index remains under pressure throughout the week while having a momentarily breakout of the key support region at 105.0.

Last Friday's candlestick closed with a wide shadow with a small body, possibly showing sign of market indecision.

With this, reversal towards the upside is still likely but only with confirmation and keep stop tight.

What are your thought?

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