$DXY | W Long Failed Breakout
Weekly chart showing steady price ascension since April reversal lows at 89 levels to signal a bullish trend change, but price failed to continue higher above the rising long term trend line above the 96.89 level. Price action set to reverse lower to retest the the longer term trend line at 95.89 point, and should it break below this area, chart could show a new peak formation high at this zone, indicating a top out and a continuation of longer term bearish correction from the 2016 highs of 102 is underway.
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