FX.co ★ USD Index to return to consolidation area, July 09, 2020.

On the 4-hour chart we see a Divergence between USDX and the Stochastic Oscillator. There is a potential turning point for USDX and the previous consolidation area (Orange Rectangle). This is likely to occur, if USDX does not drop and close bellow the 96.36 level.

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