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ProSignal-team

DXY Downward Trend with Target Levels at 105.5, 104.5

Short
U.S. Dollar Index (TVC:DXY)  
ProSignal-team Updated   
TVC:DXY   U.S. Dollar Index
Trend Analysis Support and Resistance Supply and Demand DXY dxyindex dxyanalysis dxyshort dxytradingsetup dxyforecast dxysignals dxyviews dxysell
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trendanalysis supportandresistance supplyanddemand dxy dxyindex dxyanalysis dxyshort dxytradingsetup dxyforecast dxysignals dxyviews dxysell
The US dollar index may decline again to 105.500. However, before it drops, it could have another upward movement (Towards the red zone), and then continue its downward trend towards our target levels.

Our targets are: 105.5, 104.5, and 103.5.
Comment:
The dollar index has made the upward movement towards the red zone that we had mentioned. Now, we can wait for a downward movement towards our targets.
Comment:
The 4-hour support level of the dollar index has been broken!
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Related Ideas

ProSignal-team
Dollar index may start a downward movement
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