AlgoVenture

Dollar Done with Ranging?

做空
TVC:DXY   美元指数
The dollar is probably going to have the biggest weekly drop in 2 months.
The price is seen breaking below the bottom of a range as it kept falling for 4 consecutive days.
A falling channel was formed in the midst of the breakout.
Wait for the price to retrace towards the top of the channel, or somewhere between the 20ma and 55ma in H1 chart to sell dollar again.
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