madebyforex

An update on my last DXY idea

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TVC:DXY   美元指數
Updated TA from my previous post. This time on the 4H.

Sellers held 100.75 and are now fighting for 99.80. If buyers take control here then we'll see a possible technical event in the yellow box with a confluence of:

-multiple moving averages
-100.00 handle

where sellers can reject price from once again.

Biased to the downside for reasons stated previously.

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