Daily chart: The USDX is forming a higher low pattern near the 79.80 level. If the USDX manages to consolidate below the support level of 79.45, it's expected to fall to the level of 79.19. If the USDX does make a breakout at that level, it would be expected to fall to the level of 78.12. On the other hand, if the USDX manages to consolidate above the resistance level of 80.11, it's expected to rise to the level of 80.62. The MACD indicator is in negative territory.
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