Dollar index establishes a range - $dxy #dxy #forex $eur
After taking a large tumble yesterday, the dollar index fell across the board against all major currencies and settle into key support at 97.71. This as establish a broad trading range for the dollar index which starts at 97.70 to 99.36. We believe that this range in the dollar index is likely to hold as we approach payrolls release tomorrow. Therefore, scalping the range in the dollar index will be the trade for today.