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U.S. Dollar Index
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DXY will fall from Potential Reversal zone ?

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DXY will fall from Potential Reversal zone ?
#DXY (Dollar Index): Important Decision Ahead

Many dollar pairs are standing on key levels today.
With a coming CPI report, the market participants
are waiting for the trigger to either push the Greenback higher
or to finally start shorting it.

⚠️DXY is testing a historical resistance at the moment. Bearish movement will initiate only fasle bull breakout of Potential Reversal zone.
That will be a decent confirmation. target will be 92.5 firstly

For bullish scenario, consider a daily candle close above the underlined daily resistance
as the confirmation for a further bullish continuation.
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Bearish PatternsChart PatternsDXYfalsebreakoutTechnical IndicatorspotentialreversalzoneTrend Analysis

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Bearish PatternsChart PatternsDXYfalsebreakoutTechnical IndicatorspotentialreversalzoneTrend Analysis
locphatfunds
You can support us by registering a trading account under our registration link at
🌐 Exness:
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🌐 Infinox:
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Also on:

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.