Sforex

USDollar: IT'S TIME TO WAKE UP : GREENBACK

Long
INDEX:DXY   US DOLLAR CURRENCY INDEX
1
In the beginning of this week, I talk about double top patterns and the reaction USDollar this week,. Indeed, it reacted exactly what I expect.

USDollar test the convergence point of SMA50 + SM100

It is also a strong support at 96.25

And this point is near Kumo cloud.

All aspects create a strong support where I expect USDollar would bounce from this level.


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