DXY HAS BROKEN THE DAILY UPTRENDLINE AND IS NOW MOVING DOWN IN A CORRECTIVE MOVE.
Trade active
Price has broken previous double-bottom support and hit TP1. It has now retraced back up to the broken support and is using it as resistance.Note
Lower Low and Lower High. Looking for a high price to sell again to TP2.Note
PULL BACK UP TO 97.50 MAJOR RESISTANCE ON DE-ESCALATED TENSIONS VS IRAN IN THE NEAR TERM. USING THIS TO ADD A SELL ENTRY OR TRADE USD WEAK PAIRS.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.