Nightwish
Short

DXY Neck line taken out

INDEX:DXY   U.S. Dollar Index
81 0 4
Daily closed below the neckline and, as far as I`m concerned – we have valid pattern. It is to expect further downside here which is USD weakness and it is valid to be bearish in USD. This is the fifth bearish week in a row and if you look at 4H TF you can see clear decision not to trade above 94.00 so I have marked it as a rejection level. Also perfect bearish channel on 4H TF.
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