DXY is testing a key downside resistance
DXY is testing a key downside resistance of 109.70. This is the broadening wedge downside resistance and a break below would indicate a top in the USD across the market and would lead to a strong downside reversal swing to 102. A bounce here would increase the probability of further top consolidation.
Note: look for the short trades upon a break below 109.700 with the stop loss above 110.50
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