US Dollar Index
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dxy 2h analysis

DXY's trajectory remains predominantly bullish, navigating within a pronounced upward channel delineated by red lines.

Presently, DXY is edging towards the channel's upper boundary, serving as a notable inclined resistance.

Additionally, it's undergoing a reassessment at a robust resistance area denoted by green highlights.

🏹 Hence, the focal point indicated by the red circle holds considerable significance for potential sell opportunities, being the confluence of the upper red trendline and the green resistance zone.


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