DXY is reversing lower

DXY is breaking below the H&S neckline

 

DXY has broken below 104 and is extending lower. This confirmed break now could lead to an extension lower to the target 95. Now only a confirmed break above 104 could lead to a reversal higher and an invalidation of the extension lower. There could be a possibility of H&S neckline retest 104 in the coming days.

Note: look for the long trades with a stop loss above 104

DXY is reversing lower

 

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