The US dollar has found support at 104.00, as we have anticipated. Since then, we have pivoted, and tested the next two levels, 104.53 and 104.83. We are starting to run into some resistance, so unless major momentum comes through, we anticipated the DXY to remain range bound in the 104's. But if we see a burst of momentum, then 105.25 is the next target. If support at 104.00 does not hold, then there is a vacuum zone below to 103.24.
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