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Forex Price Action - More Upside For The USDINX? | Sept. 25th

For the last week or two, the USD has enjoyed some decent gains, but as a whole, I am not sold on the overall correction. To be fair, the USD got sold off aggressively in the first two weeks of September where it ended with exhaustive selling. Even thought the bounce off of 78.60 has shown solid buying interest, the overall price action structure appears corrective so I'm looking to sell.

I'll be open to selling just north of here at 80.00 which is the big figure and dynamic resistance on the daily chart. Another level I'd consider selling is just above at 80.17 which is a key role reversal level. Until 80.50 is broken, I'm bearish medium term, but short term slightly bullish.

corrective price action usdinx sept 25th

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