U.S. Dollar Index

Short

DXY : Long Term Bearish on 1 Week Chart

Updated

We are in second wave of deeper correction in 1W chart, since 80s. we may see huge weakness and falling dollar in F16-F17. here 92.5 and 88 is crucial barrier for medium term range.

Note

94.5 remains crucial resistance to clear for more upside.
We may see dxy ranged between 94 to 94.5 in this week.

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DXY trading at very crucial levels 94-95 after 2 weeks of recovery from 92 levels.

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engulfing 96 would be breakout from weekly bearish channel and enter new bull zone.

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96 remains illusive for DXY

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Looking very bullish at 97. possible 100 insight.

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