The USD index (DXY) dropped down to test the top of its old range; highs from Jul. ‘12 to Jul. ‘13 at 84.53-10 and the fact that it held this level well as support (mainly on a weekly close basis) indicates that bullish momentum is still very much intact, notes Goldman Sachs. “Fom a wave perspe…

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DXY, EUR/USD: Is USD On The Edge Of A Big Move? – Goldman Sachs
