JoeChampion

DXY is weakening after soft CPI data

Short
TVC:DXY   U.S. Dollar Index
Hey Traders, in today's trading session we are monitoring DXY for a selling opportunity around 105.100 zone, DXY is trading in a downtrend and currently is in a correction phase in which it approaching the trend at 105.100 support and resistance area.
Fundamentally the recent CPI data was quiet soft and didn't exceed 0.3.
Trade safe, Joe.

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