USDX is very weak and now we’re seeing a possible attempt to break
the support level of 93.95, in order to extend the decline until the
93.24 price zone. The bearish bias is being supported by the overall
structure of the Index formed below the 200 SMA…

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On the H1 chart, GBP/USD had a rally during yesterday’s session above the
200 SMA and found strong resistance around the 1.4278 level, where
a bearish trend line was placed from the March 30th session’s highs.
That’s why we would like to see more decli…

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