The US Dollar Index (DXY) remains indecisive to start the new year, but a breakout from this range would mean fresh opportunities. In today’s video, I discuss what the US dollar needs to do to offer opportunities from the majors next week. I also share my view on where the dollar is likely to go from here. The US dollar remains indecisive between 101.90 support and 102.60 resistance. That’s been the case since January 2nd when the DXY reclaimed 101.90, flipping the level back to support. We saw dollar bulls defend 101.90 during the January 5th non-farm payroll. However, the 102.60 resistance area has proved to be ... (full story)
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2024-01-13 17:00:00Z
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