USDX approaching resistance, potential drop!
USDX is approaching our first resistance at 96.14 (horizontal swing high resistance, 61.8% Fibonacci extension, 76.4% Fibonacci retracement) where a strong drop might occur below this level pushing price down to our first support at 95.06 (horizontal swing low support, 50% Fibonacci retracement, 100% Fibonacci extension). Stochastic (55,5,3) is also approaching resistance and we might see a corresponding drop in price should it react off this level.
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