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MCA10
Jun 9, 2020 11:52 AM

DXY to rise later this week Long

U.S. Dollar Currency IndexTVC

Description

DXY technically is sitting on the critical support level and it seems to be gaining power from it to climb towards the resistance level. It is currently at the oversold position in terms of several indicators.

FED's decision on interest rate will be decisive for the path of the US dollar index.

Note: Interest rate seems to be staying constant.
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