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TradeTrio
Jul 19, 2022 2:13 PM

DXY - PARABOLIC MOVES ARE NOT SUSTAINABLE 

U.S. Dollar Currency IndexTVC

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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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