DXY - Creating Support
DXY is creating a supportive level but knowing how manipulative the dollar is, this could simply be a tease to trap buyers. Personally, I think the price will begin to push to the upside to lure more buyers in before reversing at the 62% fibonacci and dumping to the downside. My first bearish target will be the extension marked, my second target will be the key level marked.
We could expect some dollar weakness to begin the week, let's see how things go.
We could expect some dollar weakness to begin the week, let's see how things go.
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