Here we have the DXY hitting the resistance of a multi-year confirmed tunnel, while the down trend seems very strong, and can break trough some more to the downside, its a good spot to start picking up some UUP stocks, I belive price will eventually break and hit the 93 price mark, will make a double bottom and run back up inside the channel.
Good luck
Good luck
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.