DOLLAR INDEX (DXY) Potential Reversal Zone to Watch

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снимок

Greenback keeps losing its value against major currencies.
However, technically speaking the trend still remains bullish.

Currently, the price is forming a retracement leg.

The next zone to watch for a bullish continuation is 91.0 - 91.4 area.

As a confirmation, rely on a bullish breakout of an underlined expanding wedge.

In case of a bearish breakout of the zone, the index will most likely go even lower.

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