Despite the strong data out of the US on Tuesday the DXY remained relatively flat. However, there still is a decent bid below.
Support at 93.75 continues to attract buying interest and as the week rolls on it looks a good entry point for a long position.
The DXY has the potential to rally back to the most recent highs and there is a good risk/reward on offer.
Support at 93.75 continues to attract buying interest and as the week rolls on it looks a good entry point for a long position.
The DXY has the potential to rally back to the most recent highs and there is a good risk/reward on offer.
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