Quantific-Solutions

DXY Weekly Outlook: U.S. dollar is likely to fall toward 103.8

Short
TVC:DXY   U.S. Dollar Index
DXY is topped out on Jul 14. Since then price has fallen from 109.29 to a low of 104.63. The ongoing bearish bias is likely to continue as long as it trades below 106. If price breaches above 106, it signals a change in short-term trend. if such scenario happens, 108 would be a possible target.

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