Sam_Eder

DXY - Key Reversal Day after Powell's Speech

Short
TVC:DXY   U.S. Dollar Index
The USD is backing off from recent highs and printed a key reversal day yesterday. The upward sloping trendline is likely the next technical test, and then it's down to 95.80/96.00 to hold this trend in place.

November has been a choppy month thus far and the fate of the USD hinges on FOMC minutes and Trump/Xi meeting this weekend.

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