Dollar index has been showing signs of weakness for the past 4 weeks. A break below 105.5 level likely to cause the index to fall to 102. However, if the index is able to close above 107.7, a retest of 110 is expected before further weakness of the index.
N.B!
- DXY price might not follow drawn lines . Actual price movement may likely differ from the forecast.
- Let emotions and sentiments work for you
- ALWAYS Use Proper Risk Management In Your Trades
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