DXY is approaching its resistance at 90.08 (61.8% Fibonacci retracement, horizontal pullback resistance) where it could potentially reaction off it, causing price to fall to its support at 89.67 (61.8% Fibonacci extension, 50% Fibonacci retracement, horizontal overlap support). We have also identified another resistance at 90.28 (61.8% Fibonacci extension, 76.4% Fibonacci retracement).
Stochastic (55, 5, 3) is approaching its resistance at 96% where a corresponding could occur.
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