GhostSquawk

Dollar index looking at the covid highs - #dxy

Long
TVC:DXY   U.S. Dollar Index
After the strong move in the dollar index leading into the Easter long weekend, the dollar index has settle at our covid range level of 100.7. As we speak, the consolidation at the highs of this range suggest to us that the market is still bullish on the dollar index and that we are likely to see further upside. The next target for us on the dollar index would the the highest price traded during the covid pandemic, which would take us to 103 mark.

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