DXY broken resistance retest

DXY is retesting 105.650

 

DXY is retesting the broken downside resistance of 105.650. A rejection here will be an important signal for the downside continuation and a continuation lower to 102 which is the most significant downtrend resistance. Only a break above 106 will lead to a reversal higher.

Note: look for the short trade with the stop loss above 106

 

DXY downside continuation

 

 

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