Last Week Could Have Been Major Low in DXY.
Major trend decision levels met.
Last week DXY sold off sharply. Made a new local low and bounced back a bit late in the week.
Introduction
Looking at the DXY on this timeframe it looks decidable bearish. The bounce we’re in potentially being the typical snap back bounces we’d expect to see in a downtrend. We will plan downside break levels in case these type of conditions continue, but…
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