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dpuleo19
Jul 11, 2023 3:53 PM

Bearish set up in the dollar $DXY Short

U.S. Dollar Currency IndexTVC

Description

The dollar has been basing below the 200-day MA.

If you don't see it, flip the chart and you will see a bullish valatility contraction pattern.

For me this should resolve to the downside to continue its downtrend.

This would be good news for stocks.
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