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US Dollar Index Price Forecast: DXY slides to one-month lows, tests key SMA confluence

US Dollar Index Price Forecast: DXY slides to one-month lows, tests key SMA confluence

The US Dollar Index (DXY), which tracks the Greenback’s value against a basket of six major currencies, comes under heavy selling pressure on Wednesday, sliding to one-month lows after the United States and Iran agreed to a two-week ceasefire deal.

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