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Fallen_trader

DXY on important swing

US DOLLAR CURRENCY INDEX (INDEX:DXY)  
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INDEX:DXY   US DOLLAR CURRENCY INDEX
Chart Patterns Beyond Technical Analysis Supply and Demand
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chartpattern beyondta supplyanddemand
As you can see:
1_DXY breaked downtrend line in MAY 2015.
2_DXY pullbacked for test the broken trenline.
3_In march 2020 DXY rejected from the previous top for the second time.
Now we have 2 scenarios:
1-DXY will support from this level(88-89) for the second time and going to reach 106 or higher
DXY will break this level and going to reach new ATL.
Commentaire:
2-DXY will break this level and going to reach new ATL .
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