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MatrixPip
Jan 11, 2022 7:13 PM

DXY: Will it Continue to go down? Short

U.S. Dollar Currency IndexTVC

Description

Price is currently at the 4h Demand Zone. If the zone is strong enough, I would like to see price pulls back to the Supply Zone and then come back to break the demand zone at 90.60. If this plays out, I would expect dollar to continue to weaken.

I will look for the opposite move for EURUSD and GBPUSD.
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