SanShone

DXY Forex.Doc Analysis

CAPITALCOM:DXY   US Dollar Index
We can see strong uptrend here. Price broke historical resistance zone 104 and also broke previously formed historical high 105. DMI is decreasing indicating that bulls might lose the power. So it is possible to see consolidation. Anyway, if another burst of a bullish pressure occurs, some analysis predict that price could go as high as 107.

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