The US Dollar Currency index rallied hard in early European trade to the previous lows and is now breaking the current breaking structure. Technically speaking a clean break above the 93.40 level would open room for at least a 0.50% move to the upside to the 93.90 level. USD buys are in play (USDCAD +0.40%, USDMXN +1.09%).
Heads up to USD sellers here. but if the DXY breaks the current bearish structure and the previous highs (93.40) look for USD buys pre US trade.
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