$dxy 103.65

31
stoch topped out and assuming we cross it to the downside and loose 103.65 to start the acceleration to the downside

alternatively flip yellow line and breaking out would be no bueno

assuming it does start its descent would be a life saver for quite a few currency which have been struggling and give some relief along with making those countires more attractive to invest in with a currency on the up .

should be fun to see what happens either way took 12 years for the rsi to come here so not going to happen overnight hence the max zoom out.



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LTF .. H4 Close below 200 would be step 1 towards taking out 107.296 where we see a reaction and invalidate idea or we slice through ..
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closed below rsi crossing almost .. lets see next close
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chop chop ... its coming
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check monthly RSI

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107.296 possible sweep then lower either way ... line or 200 ema on daily is a magnet for now

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below 105.4 we should go for the 200 on the weekly .. for now rsi bottoming so lets see what we get on Open

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