DXY -Follow up
CMP 102.92
As mentioned above , level of 100 was not broken on monthly basis ( month-end closing ) , hence doubts still remain.
Currently it has broken above the falling trend-line , that sounds bullish !
But let’s see whether that sustains. Commodities are yet to confirm the upmove ( if DXY has to really move up, commodities prices should start cracking – that is yet to happen.
Hence keeping the fingers crossed.
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