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Short

DXY 4hour Analysis 4/26/20

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DXY Short Idea

DXY is looking very bullish on most significant timeframes and is currently rising on the 4hr in a steady trend.

I am expecting some bearish movement this week as DXY seems a bit too strong considering global conditions.

We want to see DXY continue to range between 101.00 & 98.50 because this confirms more stability for the USD.

Look for bearish setups from the current level to then consider short positions for USD pairs.

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