DXY have been strongly falling since ending July, but recently it has found a crucial support zone at the golden fib zone, confluence with the bullish FVG
On Aug 3, the prices bounced after testing the 200 EMA.
The prices again find weakness after Trump announced Hormuz Strait will soon be opened, but the declining red candles does not constitute the required strength + the index is trending within a crucial support zone
Overall, DXY might begin a bullish retracement immediately or after retesting the 200 EMA near 99.25
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