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JeanPierreDoran
Jul 19, 2022 8:01 AM

Is this a Bump and Run Pattern on the DXY? 

U.S. Dollar Currency IndexTVC

Description

I can see a Bump and Run pattern forming on the Daily chart, which is a reversal Pattern. If this plays out, it could drop the DXY back don to the 100 level.

And don't forget we still have the Bearish Divergence that dit not play out yet. I think the DXY is preparing for a correction.

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