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DXY testing 1st resistance , potential drop!

analytics5ec215a20a962.jpg

Trading Recommendation

Entry: 100.87

Reason for Entry: 50% fibonacci retracement ,100% fibonacci extension

Take Profit :99.66

Reason for Take Profit: 100% fibonacci extension

Stop Loss: 101.07

Reason for Stop loss: Horizontal pullback resistance

The material has been provided by InstaForex Company - www.instaforex.com