HOOPFOOD

Dollar slowly moving to 618 resistance

Long
TVC:DXY   U.S. Dollar Index
This is a pretty simple chart from a fib perspective.
I expect DXY to remain slowly moving upward into resistance and will take some time to distribute
but the real thing to pay attention to is the fact that their is resistance near. That does not mean we can time the market for
when it gets there nor how it reacts. Using this chart as a guide.

I have linked some good and bad DXY charts from previous analysis.

Happy trading.
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