DXY UPDATE
USD has broke above the key 108-109 multi year resistance with a strong bullish impulse, price is now correcting to retest the zone as support, if it holds as support and continues to rally on NFP data RISK assets will get hit hard.
The other scenario is if the support fails and price breaks back below this will confirm the breakout is a fake move and DXY will correct, in this case risk assets will have a positive reaction.
Remember we cant control the outcome we have to be prepared with entries in either direction and react to what the market shows us, less than 2 hours to go until NFP.
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