LionHeart_Forex

DXY HAS TURNED BULLISH

TVC:DXY   U.S. Dollar Index
Over the past week the dollar has gained some strength. This may also be due to the reaction on the monthly trend line support that could have caused this. I personally was waiting for 93.50 to be broken before i could conclude the bullish bias which has happened.

However placing buys on the dollar right now may not be the best decision as we can expect a pullback/retracement before a push to the upside. This will require a lot of patience and discipline.
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