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DXY Weekly View Showing Heavy Resistance

We saw a classic reversal pattern at 96, which coincided with the 50% retracement of the last major swing. That made a higher high, which gives me some pause, but a retracement seems likely.

DXY - Nice Bullish Setup

DXY is setting up very nicely for a buy. 96 is a strong support, but we may see it touch 95.5 - 95.8. I’ll be watching for UJ to enter a clearer setup as this happens.