The US Dollar Index uptrend channel has broken out testing low at 12096 levels and continue up to 12262 levels before pulling back to 12169 levels. The long-term still remains constructive for bull, till price stay below 12096 levels going forward. Looking into the medium-term correction wave, the US Dollar Index could be on its way towards 12096 levels as Wave C progresses. The short-term are suggesting that sideways might be seen for upcoming week. Overall, the medium-term correction structure prevails until prices stay below 12096 levels.
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