FXAutomate

Dollar Index Breakout

Long
TVC:DXY   U.S. Dollar Index
The DXY has broken diagonal resistance and is now heading to what could be the possible double bottom neckline @ 93.30. This level also coincides with the July R1 Pivot and weekly R2 pivot. If we see a break of the neckline there is a very high probability for a move to the Yearly Pivot @ 94.00

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