SynapseTrading

US Dollar Index (Daily Chart) - Unable to Cross Resistance Ahead

Short
TVC:DXY   U.S. Dollar Index
The US dollar index (DXY) is unable to cross the resistance ahead after multiple tries, and might continue to head lower, especially after the FOMC rate hike yesterday.

There are a couple of good shorts like USD/CHF or USD/JPY, which have had decent moves on the dollar weakness.

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