U.S. Dollar Index

DXY

79
- US dollar currency index is pretty bearish today. This means that other currency paired with dollar (Such as GMP/USD, JPY/USD, EUR/USD, AUD/USD, CAD/USD) is likely to be bullish today.
- It bounced around the bottome of the red channel. If channel fails to support, much more correction might be expected
- Some major supports to consider: 99.75, 99.61, 99.50

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