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DXY (USD Index) 4hour Analysis December 19th, 2021

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DXY Bullish Idea

Weekly Trend: Bullish
Daily Trend: Bullish
4Hour Trend: Bullish

Trade scenario 1: We’re seeing a bullish break of a 4hour range and now we’re expecting a higher low to confirm future bullish movement from DXY.

Trade scenario 2: For us to consider DXY bearish, we would need to see a break back below 96.300.

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