US Dollar Index Macro View

The US Dollar Index moving back into previous uptrend channel breaking up above 12260 level and has pull back to retest it again. The long-term still remains as unchanged constructive for bull, till price break below 12200 to 12100 levels going forward. Looking into medium-term channel, the US Dollar Index could continue its way towards 12330 levels progresses. The short-term are suggesting that that it losses some strength breaking previous high that sideways might be seen for upcoming week. Overall, the medium-term bull structure prevails until prices stays below 12260 levels.

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