DXY Chart Technical Outlook

DXY Chart Technical Outlook buyers returned close to the 61.8% retracement level of 101.92. That would suggest we are currently within the corrective BC leg to the upside. Bespoke resistance is located at 103.26. The channel top is located at 103.43. This chart formation would suggest a higher-than-expected inflation print. That would be temporarily negative for US indices.

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