US Dollar Index
Long
Updated

DXY: potentially aiming for January 2025 highs

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Although we do not Trade the dollar specifically, it is a good barometer the feel out other assets.

It seems like DXY reached a MONTHLY LEVEL. I expect price to form a FVG within this rectangle on the daily level. Which will eventually create a GAP on one of the currencies. Will follow up when this happens.

IMO reversed and is going to reach the daily level quick. This will mean, POUND, EURO DOWN.

Trade active
Exactly as predicted..

snapshot

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