The legend in the InstaSpot team!
Legend! You think that's bombastic rhetoric? But how should we call a man, who became the first Asian to win the junior world chess championship at 18 and who became the first Indian Grandmaster at 19? That was the start of a hard path to the World Champion title for Viswanathan Anand, the man who became a part of history of chess forever. Now one more legend in the InstaSpot team!
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There is a few interesting things on the USDX 4 hour chart :
1. Bearish 123 pattern followed by the appearance of Ross Hook (RH).
2. Move inside the downside channel.
3. Move under the EMA 10.
From those three things abobe seems like #USDX will continue the downside until if it manages to break below level 104,06. If this level successfully broken then #USDX has the potential to go downside up to the level 103,73 as the main target and the level 103,50 as the next target to be addressed as long as there is no upward correction passing through the level 104,97 because if this level successfully broken above then all the downward scenario that has been described before will cancel itself.
(Disclaimer)
*这里的市场分析是为了增加您对市场的了解，而不是给出交易的指示。
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