DXY Gap and Holiday Trading Conditions

Over the weekend the US Dollar Index (DXY) gapped from 89.90 to 90.45 and then went on a rally back to the 91.00 psychological level. This sudden move was not a shock to most veteran traders as this type of volatility can be expected during the Holiday season. After meeting 91.00, the DXY sold off heavily back down to 90.00. As a result, many of the majors such as EURUSD have given back the…
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