The DXY is responding positively to recent developments and has knocked on the door of it's top range barrier.
THough is was rejected, short-term support has held which is a positive sign for bulls.
We're not in a clearly bullish pattern yet, but the odds still favour higher prices.
THough is was rejected, short-term support has held which is a positive sign for bulls.
We're not in a clearly bullish pattern yet, but the odds still favour higher prices.
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Join over 42,000 traders and get the Forex Course for Smart Traders - 17 in-depth lessons - always 100% free at MarketMates.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.