This level also coincides with the 0.236 Fibonacci retracement, making it a pivotal support for the ongoing uptrend. But if the price fails to hold on to the current support retest this will imply ...

As a reminder, I continue to think that the USDX is likely to rally in the medium term, but I also think that it’s going to correct this month – likely to its 38.2% Fibonacci retracement level ...

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