KingJB

DXY - Lower prices possible

INDEX:DXY   US DOLLAR CURRENCY INDEX
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3
Price could be about to break down.

Highs were taken into the the 79% fib level.
following that price fell finding support at the 50% fib level. However DXY's recent bullish trend market structure was broken as it formed a lower low.

i will be watching this carefully over the coming days.

expecting price to return to find support somewhere in the 93.00s and failing that the 92.00s if it begins to crumble

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