After the high above 114 back on 28 Sept, DXY corrected strongly, falling around 4% in a very short period. Starting with Monday's low, the index has started to rise again and now is trading back above 112. In my opinion, this is not a resumption of the long-term up trend, but just a rebound after the strong selloff. 112.80-113.20 zone should provide resistance before the new leg down and here we should look for selling USD opportunities. The target can be the recent 110 zone low
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