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TheSecretsOfTrading
Oct 24, 2022 7:48 AM

DXY - lets zoom in here for a sec 

U.S. Dollar Currency IndexTVC

Description

DXY has already broken the ascending curve - which is getting bullish for stocks - unless it consolidates and defends its supported level now.

Normally I would long stocks, but If you look at the Trend Exhaustion and RSI - they haven't broke their trends - in fact they still have room. If price keeps that level until then - it may result in a bounce and continuation of the trend.
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