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U.S. Dollar Index
Short

DXY to Continue Correction

By travelingpm
Updated
DXY's recent low did not bounce from a major fibonacci level...rather just short of one. Based on two fibo-fans I'm looking at a further move down, first to 99.18 then to 97.80.
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snapshot
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Thinking we may see an inverted cup and handle instead.
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Lesson on this one...don't use fibo fans to forecast. Fibonacci will work across many end points. Use swing high to swing low, printed start and end points.
dollarDXYGCGoldUSDDJ FXCM IndexXAUUSD
travelingpm

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