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Zarbalzac
Sep 9, 2022 12:44 PM

DXY bearish idea Short

U.S. Dollar Currency IndexTVC

Description

This week we saw the DXY moving above the resistance line and its not staying above it, but rather drop it made a steep drop.

I am expecting DXY to touch 109.3 - 109.4 mark before falling to 108 or it could start falling from here. If it falls under 108 it could go back to 106.5.

In my opinion, DXY seems to be weakening
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