Marginbuu

DXY back in downward channel

Short
TVC:DXY   U.S. Dollar Index
The dollar rally probably came from major shorts closing their positions and to shake other shorters out, only to continue shorting at the vital area of 94,80. The DXY failed to hold the 93,40 support line and fell back into an unhealthy downward channel. Only pure news manipulation can save the dollar temporarily, but only fools hope on new/miracles, its best to short, there is a lot of room to go down.

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