TipTVFinance

Dollar Index - Needs to clear 102.05

TVC:DXY   U.S. Dollar Index
Three consecutive daily candles with long tails (lower shadows) followed by a move back above the rising trend line today if results in a day end close above 102.05 would open doors for a revisit to the recent highs around 103-103.20 levels.

Bearish scenario - Failure to take out/hold above 102.05 followed by a break below 100.50 would signal the index has topped out.

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