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U.S. Dollar Index
Short

DXY Approaching Resistance, Prepare For A Reversal

DXY is approaching its resistance at 97.29 (78.6% Fibonacci retracement , horizontal swing high resistance, Elliott Wave ) where it could reverse down to its support at 96.74 (38.2% Fibonacci retracement , horizontal pullback support). Stochastic (89, 5, 3) is approaching its resistance at 96% where a corresponding reversal is expected.


ICmarkets
Broker
IC Markets is an online forex broker specialized in providing transparent trading solutions to both retail and institutional investors alike. We provide superior execution technology, lower spreads and unrivaled liquidity.
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Chart PatternsdollardollarindexDXYforexsignalsHarmonic PatternsTrend AnalysisUSD
ICmarkets
Broker
IC Markets is an online forex broker specialized in providing transparent trading solutions to both retail and institutional investors alike. We provide superior execution technology, lower spreads and unrivaled liquidity.
Also on:

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