DXY Approaching Resistance, Prepare For A Reversal

DXY is approaching its resistance at 96.93 (61.8% Fibonacci extension, 61.8% Fibonacci retracement, horizontal overlap resistance) where it is expected to reverse down to its support at 96.48 (38.2% Fibonacci retracement, 100% Fibonacci extension, horizontal swing low support).

Stochastic (55, 5, 3) is approaching its resistance at 96% where a corresponding reversal is expected.

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