DXY Break Above Key Level!

The DXY, or the dollar index, is inversely correlated with the markets (in this case). Overnight we saw a break of a critical Fib resistance level, so unless the Fed steps in and implements Yield Curve Control or a similar market positive policy, expect the dollar to move up to the next resistance level.
breakandretestbreakoutChart PatternscriticalzoneDescending ChanneldollarindexDXYfibfanFibonacciTrend Analysis

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