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OmaOne
Oct 1, 2021 6:38 AM

DXY, From Bearish to Bullish 

U.S. Dollar Currency IndexTVC

Description

The chart says it all, the momentum of DXY has recently been bullish. There should be some consolidation around here. Once the consolidation is over, it has two choices. The first choice is, it will continue to go up and go back to Pre - pandemic levels. The second choice is, it will go down and break the yearly support which is the purple box. This will be interesting.
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