DXY is currently trading at the 104.690 level. Analyzing the intraday chart, the four-hourly chart, we can see a breakout movement from the resistance level. If this move continues to the upside, the 105 level may be tested. It is important to mention that the Fed interest rate decision will be happening tomorrow. On the other hand if a pullback occurs, the 104.500 level may be followed as support.
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