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DXY- Pressing and pressing for a down break

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Last week was relatively quiet for DXY, with the price fluctuating within the support and resistance range. However, as detailed in a previous analysis, the odds favor a downward break.

The index began the week poorly and is currently trading near confluence support once again. A break at this level, given the prolonged consolidation, is likely to accelerate losses, potentially exposing the 101 support level in the medium term.
Nota
We broke down as expected.
It should accelerate to 102 from here

Penafian

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