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algodynamix
Aug 11, 2022 12:46 PM

Time for US Dollar to cool off ! Short

U.S. Dollar Currency IndexTVC

Description

The US Dollar Index is showing a bearish chart pattern after having made a strong rally since the beginning of 2021. We are now seeing a correction that will most probably end in some kind of consolidation, which should take it down near the 100 mark. In the meantime, the EUR and GBP are booking some gains against the greenback!

Comment

Exactly as predicted !
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