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U.S. Dollar Index
Long
Jan 17
DeGRAM | DXY growth in the channel
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The DXY is in an ascending channel above the trend lines.
The price is moving from the lower boundary of the channel and the support level.
The chart has broken the descending structure.
We expect the index to continue rising after consolidating above the resistance level, which coincides with the 50% retracement level.
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DeGRAM
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