TheBearTrader1

DXY- READY FOR ANOTHER LEG LOWER

Short
TVC:DXY   U.S. Dollar Index
On the daily chart we can see price is coming up to test the resistance of this longer term descending TL, with another confluence that we are at a resistance level on a smaller term TL channel, where its likely to see a bounce don from here, also creating lower lows and lower highs in this corrective channel, price could take an impulsive move lower. Which means USD weakness.
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