Long $DXY Analysis

Hello Sophisticated Trader,

The $DXY has finally broken above the 97.00 resistance and the 100 MA on the 4hr, this is indicating a possible move up for the bull for another test of 98.00 and possible 99.00. This is extremely helpful when trading, as the dollar index has become the main market driver. In addition, the renewed coronavirus fear most likely have an impact and support the DXY over the coming week.

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Dr. Lydia Smith
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