DXY Higher High?
Not many people talking about the DXY now that crypto and stocks bounced back.
From this monthly frame, the DXY attempted to breakout of the lower range twice wuth the second forming a higher low therefore if a higher high is formed, crypto will pull back hard given the recent pump into the MA resistances and weekly resistance on the SPX.
From this monthly frame, the DXY attempted to breakout of the lower range twice wuth the second forming a higher low therefore if a higher high is formed, crypto will pull back hard given the recent pump into the MA resistances and weekly resistance on the SPX.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.