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MiratonicFx_Trading
Oct 18, 2021 8:43 PM

DXY Bearish Short

U.S. Dollar Currency IndexICEUS

Description

Here on the Dollar index, we can a clear break of Trendline, afterwhich price created another correction (which is a continuation pattern). Therefore, we expect to see some bearishness on the DXY.
However, this may be for a short, as the USD still possess strong longing sentiment. Trade with proper risk and trade management.

Thanks and good luck.
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