Ch-artwork

DXY on the way testing D1 MA200

Long
CAPITALCOM:DXY   US Dollar Index
Dollar picked up by market buyer after CPI report announced last week.

Pinbar occurred when DXY index drop to H4 MA200 support curve at 101.37, indicating DXY bull run still on-going. However, DXY face the next challenge resistance at 103.00 price point(Daily chart). Foresee pull back ahead after reaching 103.000, and USD may confront selling pressure next week.


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