USD is running inside the descending channel. We may see another drop to retest the support level at 102.650.
The U.S. Dollar Index (DXY/USDX) is a measure of the value of the U.S. dollar relative to the value of a basket of currencies of the majority of the U.S.'s most significant trading pairs (EUR, GBP, CAD, CHF, AUD, NZD, JPY, etc.).
NOTE: Do not apply trades blindly. Wait for confirmation and always analyze lower timeframes.
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