USDX is approaching our first resistance at 90.93 (horizontal swing high resistance, 38.2% Fibonacci retracement, 61.8$, 100% Fibonacci extension). A strong reaction might occur below this level, pushing price down to our major support at 89.88 (horizontal overlap support).
Stochastic (55,5,3) is also approaching our major resistance and a reaction off this level might be a good precursor for a potential drop in price.
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Losses can exceed the initial investment so please ensure you fully understand the risks.
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