The Dollar Index didn’t get much bounce yesterday, considering how close it came to breaching a major prior low. That’s bearish, but we’ll give DXY the benefit of the doubt if it can muster a thrust today above 79.30, a peak-let recorded June 20 on the way down. More convincing, however, would be a push by Wednesday exceeding the look-to-the-left high at 79.78 made on July 15.
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