Looking at the dollar index (DXY), it is currently in line with previous January high of 96.60 range and then forming a higher low of 95.20 before spiking up at where it is standing today. If DXY rejects to exceed 96.80, I see a higher low forming again at 95.80 which indicate an uptrend before a 3 drives to the top occur we might witness a major sell off in USD if it is supported by weak economic datas.
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