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DXY (USD Index) 4Hour Analysis October 25th, 2020

Short
TVC:DXY   U.S. Dollar Index
DXY Short Idea

Daily Trend: Bearish
4Hour Trend: Bearish

Trade scenario 1: Bearish price action continues and follows through with this recent break and retest of 93.000. Looking for a push toward our monthly support level around 91.500

Trade scenario 2: Price action reverses and goes bullish. Look for a higher low into the above pattern. Re-analyze as necessary for other trade scenarios

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