U.S. Dollar Index
Short
Updated

DeGRAM | DXY overbought

467
DXY is above the trend lines and ascending channel.

RSI indicator indicates overbought.

The price broke the channel and sharply reached an important Fibbonacci extension level.

We expect a correction.

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Trade closed: target reached
The dollar weakened after which the index successfully reached the target and afterwards formed a big gap.

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