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TimeWaveTrading
Sep 14, 2022 12:31 AM

DXY update 

U.S. Dollar Currency IndexTVC

Description

DXY broke above the red line, a very strong resistance line in the daily demand zone. So, a daily or weekly uptrend could follow if it settles above the red line.

Conversely, if it stays below the red line, it will again be a correction of the running flat pattern of the W-X-Y structure, and rebound in the weekly demand zone and the weekly upward wave may resume.
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