FXHighway

Negative pressure pushing the US Dollar Index

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INDEX:DXY   US DOLLAR CURRENCY INDEX
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The US Dollar Index continues to trade with slight negative bias, organized within the descending channel, pushed by the EMA50 negative pressure.

Targets begin by breaking below 79.00 to move towards 78.10 then 77.00, while holding below 80.25 is the key to continue with the waited bearish outlook.

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