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RealistFX
Feb 15, 2021 11:30 PM

DXY - THIS WEEK 

U.S. Dollar Currency IndexTVC

Description

So the Downtrend from the March highs is still being respected on the daily timeframe.

Within this channel, we have a good bearish confluence on the 4hr TF with the H&S forming, off that 4hr resistance.

This should couple with the US stimulus to further weaken the dollar.
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