alexscf

DXY: Waiting for the next Buy Setup

TVC:DXY   U.S. Dollar Index
DXY rebounded from Fibo Extention 38.2 level and formed Bearish Engulfing candle pattern on Weekly chart. So it possibly will drop towards FE 23.6 as a range support level. It seems preferable for Green Bulls to stay flat and wait for the next reasonable Buy Setup. Watching at H4 and Dayly Chart keep eye on rising channel low support line.

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