Our bias in DXY is still bearish. The dollar index continues to behave the opposite of the stock market. It found some strenght from today's stock dip but the Daily chart looks bearish.
In the intraday chart, it should see some more upside movement towards the 96.80 range before we get some bearish move. We will update you as soon as there is a change in the price action as it will be responsive to stock market.
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In the intraday chart, it should see some more upside movement towards the 96.80 range before we get some bearish move. We will update you as soon as there is a change in the price action as it will be responsive to stock market.
If you find my work useful, please leave me a like and comment this idea, thank you!