DXY Approaching Resistance, Potential Reversal!
DXY is approaching its resistance at 97.70 (100% Fibonacci extension, horizontal swing high resistance) where it could potentially reverse down to its support at 96.80 (61.8% Fibonacci extension, 23.6% Fibonacci retracement).
Stochastic (89, 5, 3) is approaching its resistance at 97% where a corresponding reversal could occur.
Stochastic (89, 5, 3) is approaching its resistance at 97% where a corresponding reversal could occur.
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