DX

Bearish Outlook :

The strong rally day in U.S. Dollar should have ended the running triangle as the Minor wave X at the extreme point of 96.42, prior to the start of the next Minor-degree decline in wave Y.

Any break of wave c (circle) would negate the bearish triangle-pattern shown on the chart, since wave e (circle) cannot move beyond the wave c (circle) extreme.

DX - Daily

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