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Long

Another Bullish Flag on DXY

INDEX:DXY   U.S. Dollar Index
The DXY             may be at the bottom of a potential Bullish Flag formation. Given the Slightly better than expected preliminary GDP number, this will be a possible set up into next week. At target of 99.25 which would complete the flag pattern and be at down trendline resistance dating back to mid April. With the EURUSD             sitting just below 1.10 and the USDCAD             pushing 1.25, a breakout of the USD is hopeful.
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