US DOLLAR CURRENCY INDEX
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Near-term Bullish DXY Bias

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Monthly chart for DXY hints a possible distribution zone formation.
As there is a bullish candlestick pattern formed at last month, bullish bias seems to be the higher possible trend for now.

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Weekly Bullish trend channel formation suggest higher upside is likely, however, last bar doji candlestick pattern suggest indecision.
Near-term support and resistance at 100.25 and 106.50.

Last Friday bullish bar closes back near Monday's opening reinforced near term bullish bias.
Looking forward, next week 5 Nov being US presidential elections day will add volatility to the market.
So, price may likely to go the next higher order block area.

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