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Dollar Index (DXY): Potential Scenarios Explained đŸ’”

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TVC:DXY   Valutaindex för U.S. dollar

That was quite a boring week for Dollar Index.
The market was stuck within a narrow horizontal range on a daily.

Next week, wait for a breakout of the range.
Bullish breakout of its resistance will be a strong trend following signal,
while a bearish violation of its support will initiate a correctional
movement on the market.

Next key resistance - 106.85
Next key support - 105.20

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