Nifty – Early Sings of Direction – DXY – Close to Support

Nifty – Early Sings of Direction – DXY – Close to Support


DXY is close to 91 levels which has been breached downside only once since Sept-17.

Must keep close watch on DXY closing below 91 which shall be early signs of continuing fund flow into emerging stock markets.

Any reversal from this level will strengthen bearish view on Nifty during last couple of weeks of December.

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