FOREXEL

Dollar bounce now approaching critical crossing.

INDEX:DXY   US DOLLAR CURRENCY INDEX
4
Dollar bounced from Demand zone. Now reaching crirical crossing. Watch closely and be careful going against the dollar until you see if this crossing holds or folds. I still deem it unlikely for the dollar to make larger movements until we get a good trigger. Maybe it will be the US Durable goods data or bigger Yield differentials that will trigger the next bigger move
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