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cuboo
Jul 23, 2020 7:20 AM

DXY back to channel, EU down to 1.151/1.150 Long

U.S. Dollar Currency IndexTVC

Description

Clear divergence on RSI signs bullish potencial for DXY, EU is in 1.16 and makes double top with expectation to drop. Not so much space for EU to grow, maximum 1.172. But optimism is loosing. Fundamental view is positive for USD today, but tomorrows EU PMI data could change any movement.
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