DXY Slumps

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The US dollar has slid signficantly, breaking through the lower bound of the range. We are still above what we consider to be a lower bound for now at 111.37, with a green triangle on the KRI confirming support at 111.76 or so. If we pivot from this level, then 113.38 is the next target, before we can test highs again at 114.54. But we will need significant momentum to come through in order to test this level.