TheBearTrader1

DXY- READY FOR ANOTHER LEG LOWER

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TVC:DXY   美元指数
On the daily chart we can see price is coming up to test the resistance of this longer term descending TL, with another confluence that we are at a resistance level on a smaller term TL channel, where its likely to see a bounce don from here, also creating lower lows and lower highs in this corrective channel, price could take an impulsive move lower. Which means USD weakness.
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