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Daily Forex Technical Analysis

#USDX Still Under Pressures, October 6


USD yesterday managed to stop the decline, and closed almost the same as the opening price. But in addition to maintaining its price, indicating that the USDX trend is still bearish. On the H1 chart a shooting star confirms rejection at FIBO 6.23 level.
With this condition, the trend is still strongly bearish. And the possibility to trade next week, USDX will experience pressures to 79.00 level.












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