USD Technical Update: DXY Trying to Run to a Big Level
The US Dollar as per the DXY index is trying to break on through and maintain momentum. If it can maintain above the August high and top-side trendline that is in confluence, then the March 2020 low that was validated as resistance last September will be next up as a big test.
For the full details see the video above…
DXY Daily Chart
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---Written by Paul Robinson, Market Analyst
You can follow Paul on Twitter at @PaulRobinsonFX
DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.