Trading-Capital

DXY possible breakout

Long
TVC:DXY   U.S. Dollar Index
The DXY is on watch for an hourly breakout.

This is coming on the back of China inflationary numbers.

2.1% YOY inflation
0.8% MOM inflation.

The Month over month came in slightly hotter than expected which could be signaling maybe a hotter US CPI next week.

The China Reopening may be the cause of this.

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