Long

Dxy

Updated

i have notes on the chart. overall bullish. bearish for short term

Note

Move hit target but not entry and the weekly 50 was respected as support on the 13th. The target in yellow is now support as price is consolidating

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Also the diagonal red line is the median of my pitchfork and acts as moving support until price breaks under

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we never got a deep correction and price is struggling at the 97.25 area. since dxy is the opposite of EU I see this pivotal area as breaking up to 97.5 or finally retesting 96.75 and lower.

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Price rejected 75, and 96.75 expect bulls coming in at 96.20. Currently still not bearish until 71 fib and 95 price is broken

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Price is hovering on the weekly 50 after rejecting the weekly bears gz. Could see a tap of trend line before bull run to 98's

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if we break the trend line then bearish to 95's

Andrew_Michael

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