DXY Gains Strength
The US dollar has gained strength, pivoting from 104.00. We have blasted through levels in the 104's, and are currently contending with 104.83, the final technical level in the 104's. We are just a few ticks away from 105. It does appear that we are getting enough momentum coming through to hit 105.25, and if so our next target is 105.78. If we reject 105's, then we should have support at 104.83, 104.53, and we expect 104.00 to hold as a floor.
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