DXY challenging 97.50-98.00 resistance [Video]
|In this TradeGateHub Live Trading session, Dale Pinkert analyzes key developments in the U.S. Dollar Index (DXY), which is currently challenging the 97.50–98.00 resistance zone. He notes that the bullish flag pattern in EUR/USD appears to be losing momentum, suggesting it may be nearing exhaustion. Meanwhile, USD/CAD is attempting to break through the 1.38 level, and a pullback in USD/JPY is to be expected. Pinkert also highlights heightened volatility in the Gold/Silver ratio, indicating a potential turning point in the market.
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