US Dollar Index

DXY 1D – Tipping Point: News or Price Action?

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Hey Guys,

The DXY index is currently moving within a downtrend. This trend is unlikely to reverse unless it breaks above the 98.950 level.
Sure, key fundamental data could shift the trend, but without those news catalysts, a reversal at this point doesn’t seem realistic.

Don’t forget—98.950 is a critical threshold for the DXY.

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