DXY nothing is critical with this change in the dollar's value because the chart has not made a lower low.
First support is at 92.00,
If the downward channel is broken and also the dashed line is broken, the probability to climb and see new down leg to 90.00.
Dollar is weak, also upcoming CPI news can move to short targets
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First support is at 92.00,
If the downward channel is broken and also the dashed line is broken, the probability to climb and see new down leg to 90.00.
Dollar is weak, also upcoming CPI news can move to short targets
Risk Disclosure: Trading Foreign Exchange (Forex) and Contracts of Difference (CFD's) carries a high level of risk. By registering and signing up, any client affirms their understanding of their own personal accountability for all transactions performed within their account and recognizes the risks associated with trading on such markets and on such sites. Furthermore, one understands that the company carries zero influence over transactions, markets, and trading signals, therefore, cannot be held liable nor guarantee any profits or losses.