fortunamarkets

DXY is overbought, maybe a little corrections?(4/12/2024)

ICEUS_DLY:DXY   U.S. Dollar Currency Index
In our last analysis, the DXY DXY moved as we had anticipated. Right now the bullish scenario is dominant, but DXY is overbought and hit a resistance.
So there is a chance that price make some retracement.

Our technical view has been shown in the chart.

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Team Fortuna
-RC

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