Darken index in AWW

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Aug 6th, 2022

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How to darken index in AWW

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welcome back to our channel in todayamp;#39;s video weamp;#39;re going to explore how you can use the US dollar Index or dxy as an indicator to trade the EUR USD currency pair but before we begin please remember that trading involves risks and the information provided in this video is for educational purposes only itamp;#39;s essential to do your own research consider your risk tolerance and consult with a professional financial advisor before making any trading decisions letamp;#39;s jump right into it the dxy is a measure of the value of the US dollar against a basket of major currencies including the Euro generally there is an inverse correlation between the dxy and EUR USD when the dxy strengthens the EUR USD tends to weaken and vice versa to use the dxy as an indicator itamp;#39;s crucial to monitor its movements pay attention to patterns Trends and key support resistance levels on the dxy chart simultaneously keep an eye on the EUR USD chart look for similar patterns Trends

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