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Giris88

DXY is now on a Supply Zone.

U.S. Dollar Index (TVC:DXY)  
Giris88 Updated   
TVC:DXY   U.S. Dollar Index
Supply and Demand Support and Resistance Fibonacci dxyindex
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supplyanddemand supportandresistance fibonacci dxyindex
DXY is on a monthly supply zone. That supply zone is near the 78% Fibonacci level and it serves as a strong support/resistance level. It still has a lot of bullish power so we have to wait for a signal in that supply zone to let us know its heading down. DXY
Comment:
Now The DXY has reached the 78% of the Fibonacci in the overall downtrend. It formed an Evening Star right at the 78%. (MONTHLY) The 61.80% is being used as a support, if the index breaks thats price its gonna be a waterfall.
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