Sforex

USDollar: Choose SMA50 to REACT :What next ?

INDEX:DXY   US DOLLAR CURRENCY INDEX
3
I see DXY chooses SMA50 as a a good level to react. Any break or bounce always come with a trend.

Currently, DXY is trading below SMA50 and it seems it cann't break SMA50

I think market is waiting for Payrolls on Friday to find more catalysts.

Watch SMA50 and incoming data.

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