DXY 1M
The price has reached the monthly supply zone and has been over extended in this direction.
Therefore, the price is likely to return to the origin of this spike. A break in the purple trend line could be a good confirmation of a possible downtrend.
Good luck
Therefore, the price is likely to return to the origin of this spike. A break in the purple trend line could be a good confirmation of a possible downtrend.
Good luck
Trade closed: stop reached
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