This currency has been forming a descending flag, broke out of the structure and retested the higher high formed last week.

It has made a false break out (liquidity grab) and I anticipate that the price will build a bearish momentum to fill the second gap created by the previous week bullish impulse.

An analysis will follow using a shorter time frame.
Chart PatternsdollarindexdxyindexdxyshortTechnical IndicatorsTrend Analysis

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