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JamesSpindler
Jul 18, 2022 12:56 PM

US DOLLAR (DXY) UPDATES - Consolidation phase 

U.S. Dollar Currency IndexTVC

Description

Just a quick update to let everyone know that the consolidation phase forecasted in the connected DXY analysis, has triggered and might already be completing. Here is a neutral scenario showing what might play out depending on the price levels shown. I expect support to be found and DXY to continue it's upside, however if we break below the zone shown then this could become a catalyst for a macro reversal.
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