LONG DXY Bounced off Support, Prepare For A further rise
DXY bounced off its support at 97.03 (61.8% Fibonacci extension , horizontal swing low support, 23.6% Fibonacci retracement ) where it could potentially bounce to its resistance at 97.69 (100% Fibonacci extension , horizontal swing high resistance).
Stochastic (89, 5, 3) is approaching its support at 4% where a corresponding bounce could occur.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks
Stochastic (89, 5, 3) is approaching its support at 4% where a corresponding bounce could occur.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks
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