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Sober_Trading
Dec 13, 2023 12:16 PM

DXY - 4H Selling opporunity Short

U.S. Dollar Currency IndexTVC

Description

Analyzing the DXY, we've seen the last bearish phase executed in two distinct movements, hinting at an underlying weakness in the downtrend. The recent supply zone has indeed nudged the index downward. My projection? The DXY is likely to descend to, or even beyond, the previous low. Stay tuned for updates.

Trade closed: target reached

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