DXY is approaching its support at 96.80(61.8% Fibonacci extension, 23.6% Fibonacci retracement, horizontal pullback support)
where price is expected to bounce up to its resistance at 97.25 (horizontal swing high resistance, 61.8% Fibonacci extension).
Ichimoku cloud is showing bullish where a corresponding bounce is expected.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
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