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Stoic-Trader
Jan 22, 2023 7:23 PM

DXY - The dollar is eager to show some strength 

U.S. Dollar Currency IndexTVC

Description

The dollar´s drop has been persistent, but price action from the last couple of months is indicative of an ending diagonal.

RSI is also beginning to show divergence.

Even if the short term bottom has not been reached, I expect a recovery soon, targeting the green zones in the chart.

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