FlowState

DXY approaching resistance, potential drop!

Short
TVC:DXY   U.S. Dollar Index
DXY is approaching our first resistance at 97.10 (horizontal swing high resistance, 100% Fibonacci extension) where a strong drop might occur pushing price down to our major support at 96.19 (horizontal pullback support, 38.2% Fibonacci retracement).
Stochastic (89,5,3) is also approaching resistance and we might see a corresponding drop in price.

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