DXY price constraining at an area that would indicate likely strong support to pivot back into positive price action.
Note
Obviously if you were watching DXY it did not take the opportunity to break out and followed the trend bouncing fibs downward
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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.