RaymackTraders

We are continually seeing the Dollar Index in a tight range

TVC:DXY   U.S. Dollar Index
One of the most valuable tools that we can use when deciding our Bias for dollar-related pairs is correlation:

The USD Index is in a range and seems to be consolidation at the 97.60 area as resistance and also the 55 EMA as support. Anyway, I have alerts locked and loaded for the sweet day that we see a close on the daily outside of this range. STAY TUNED FOLKS. BE PATIENT and it will pay off!

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