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DXY - PARABOLIC MOVES ARE NOT SUSTAINABLE

TVC:DXY   U.S. Dollar Index
DXY - PARABOLIC MOVES ARE NOT SUSTAINABLE

DXY has once again move upside very sharply. This time it has created another bearish divergence after parabolic moves. Remember parabolic moves are not sustainable.

We are expecting it will come down to 103 level before any further upside to test its breakout region.

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