US Dollar Index (DXY) D1 (Range Will Eventually Break)
The US Dollar Index (DXY) is on the verge of confirming the breakdown of a nearly two-month range. The trading has been brutal for those looking for trend set-ups, but that could be about to change should we see a daily close below 98.27. As the new week begins it will be important to monitor this situation; sustained trade below could have the index quickly moving down 2-4%.
DXY