U.S.$ Index/Back to 1st Support *PIC*

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DX has pulled back to 1st support and the rising 20ema at 79.87. So while everyone thinks most markets are rallying on some b.s. story all that is really happening is the U.S.$ is pulling back to support. "IF" DX holds here and resumes its uptrend the financial news will come up with a story of why markets are selling off once again. Note how the 20ema acts as support in uptrends especially when at price support and as resistance in downtrends. While this pullback in DX is mild and could pullback further without breaking the major uptrend I wouldn't bet against DX at this price point. We'll see soon enough what's next. Watch this 79.87 on DX for the other markets direction.

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