kjfxmonk

$DXY - US Dollar Index Update - Going higher, but not much more

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Dixie broke out overnight in European trading thanks to the common currency's 80 pip drop to new 2018 lows. There is more room for the #Dollar to run, but I expect it to stall around 97.88 which is the .618 of the entire 2017-2018 drop. This would coincide roughly with $EURUSD around 1.1190 a figure that I expect to be touched early this week, before a major bounce. #FOREX

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