Peet_Serfontein

Dollar index: some downside potential?

Short
TVC:DXY   U.S. Dollar Index
A price action below 104.20 supports a bearish trend direction.
The ideal entry range is as close to 104.45 as possible.
Increase short exposure for a break below 103.80.
The target price is set at 102.40.
Stop-loss set at 105.50.
Starting to break key support.
Remains a risky trade.

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