Dollar Index finally us a big move

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The Dollar Index finally gives us a big positive move to the upside. The chart shows us that DXY has not been direct with its direction. It has been consolidating for quite some time.

But now we can finally say that DXY is looking for more buying opportunities. But failure to break the current resistance we are going to go to selling positions since we were in a downtrend. But a break above and retest we are going for more buying opportunity.

Penafian

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