What we need to see for DXY to roll over here
We could very well push higher. But for the DXY to start some kind of reversal here, a break and close below this key level is step 1.
We would then look for another repeated phase of distribution below current price to be very confident that a trend reversal could be underway on the 4H.
We would then look for another repeated phase of distribution below current price to be very confident that a trend reversal could be underway on the 4H.
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