According to our previous analysis, the Dollar Index finally managed to reach the 100 zone. Now we need to see whether it can close above the 100 level without making a fake breakout downward. If it can give a solid close above 100, then we can start considering long positions on the Dollar Index or sell positions on EUR/USD.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.