Dollar index seeing a near-term peak - #dxy $dxy
After rallying to break the 101.70 mark, we are begin to see the early stages of a daily pull back in the dollar index. As we enter the NA trading session, the dollar peak off at 101.70 and is starting to get offers coming in to push the price lower. The next logical support level can be found at 101.35. Further weakness could take us all the way towards 101 handle where we believe the market will likely rotate around the key numbers.
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