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vipulmehta817
May 16, 2023 4:26 PM

DXY heading higher Long

U.S. Dollar Currency IndexTVC

Description

US Dollar index (DXY) has broken out of its consolidation on the 4h chart. The breakout led to a retracement back to the resistance turned support and the price seems to now have exhibited the beginning of the continuation leg.

We are long on DXY with immediate measured move target of 103.35. SL if the price goes below the SR zone of 102.20.

Trade closed: target reached

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