Orriginal

DXY approaching Resistance or break out

TVC:DXY   U.S. Dollar Index
DXY PA is approaching the upper trendline in its descending channel. Rejection here could lead to 100 to 98
Alternatively, we may see the FED on 1st Feb, provide support for the $ by raising interest rates above 50 points, possibly 75
It is all to play for

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