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vikinsa
Dec 30, 2020 6:56 AM

DXY Filled All Lower Gaps, Possible Double Bottom Forming 

U.S. Dollar Currency IndexTVC

Description

Traders, DXY has come back down to fill all left over gaps. There are few left above the current price but all lower gaps are filled. It is back in the FCP zone and could be forming a double bottom. Today's close and this week's close is important for USdollar for further price action.


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Take care and trade well
-Vik

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📌 DISCLAIMER
The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of education only.
Not a financial advice or signal. Please make your own independent investment decisions.
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Comments
KU13HAL
Thank You :)
vikinsa
@KU13HAL, Thanks :)
Swapnil_78
Let's hope for a much awaited recovery :-)
vikinsa
@Swapnil_78, Recovery or not but this can not continue like this. So a good correction is long due. Good luck
rahulneo
Vik hope your analysis on DXY plays out and we see it at 95 soon!
vikinsa
@rahulneo, No hard biases in the market and no guarantees as you know :) but there is a strong possibility of that happening.
rahulneo
@vikinsa, Yes I understand, no guarantees ;) But one can hope for the recovery in King Dollar!
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