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UPDATE - ascending triangle breakdown, now S/R flip
So my earlier chart (tradingview.com/chart/DXY/Bhl65Otv-DXY-in-ascending-triangle/) came to pass and the ascending triangle has broken down. Now bouncing a bit and retesting previous support. I suspect it will not hold and we will be heading back down.
This doesn't mean I'm some DXY permabear - but I think the trend is still down.
This doesn't mean I'm some DXY permabear - but I think the trend is still down.
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