DXY Bearish until Christmas

8 Des 2020

Pattern: Channel Down on 4H.

Signal: Sell as the price is approaching the 4H MA50, which has been rejecting every upside attempt since November 04. Also the RSI is at the top of its Channel Down and the MACD is repeating the November 10 - 13 sequence.

Target: 90.100 (-1.30% as per the November fractal).


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