Agent_of_Maat

DXY USD dollar index short looking

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The USD dxy has been in a bear market since it's beginning. On the weekly there is bearish divergence and an EW count showing a high probability of breaking down from the bearish ascending wedge. If this is the ending of a wave 2.. the current price action is hanging around the .618. It's my feeling that the price action will continue to the .786 approx. 100 before the next leg down starts.

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