traderpulse

DXY Technical analysis

Short
TVC:DXY   U.S. Dollar Index
The 1-hour chart of Dollar index indicates that the index is currently in downtrend.
It is consistently forming lower lows and it has formed a Marubozu candle during the last hour.
So we expect the selling accelerate from here and reach the price zone of 94.14 where some profit booking could be expected.

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