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Breaking news

U.S. Equities continue to get hit, Dow Jones now down more than 1,000 points

USD Technical Update: DXY Trying to Run to a Big Level

USD Technical Update: DXY Trying to Run to a Big Level

Paul Robinson, Strategist

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…

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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.

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