DXY Maintains Sidewas Correction
The US dollar has retraced from highs, but appears to be continuing a broad sideways correction. We have added two new technical levels at 103.24 and 104.00, the latter being a psychological level as well. We are currently seeing good support from 103.29, confirmed by a green triangle on the KRI, but if that does not hold, then 102.86 should hold. After that, we have a vacuum zone down to 101.70. If we find support and catch more momentum, then we should run into resistance again in the 104's.
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