Chart of the day $DXY

DXY is reacting to an upside support

On the DXY daily chart, we can see that the instrument retesting the upside support 95.500-96 zone. This upside support zone is important for an uptrend continuation and an end of a painful consolidation recently. A daily close below the 95.300 is required for a downside scenario and a reversal lower.
Note: look for the long trades with the stop loss below the 95.400 level 

 

 

 

 

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