Rise of the DXY (US Dollar Index) since March.
US Tax exemptions for some products.
Slower imposition of new taxes.
Technical Chart Summary:
Pattern: Head and Shoulders (classic bearish reversal setup).
Key Zones:
Selling Zone: Identified between Resistance R1 and Triple Top area.
Resistance Levels:
R1 near 3359–3400
Major resistance at around 3480–3500 (All-Time High zone).
US Tax exemptions for some products.
Slower imposition of new taxes.
Technical Chart Summary:
Pattern: Head and Shoulders (classic bearish reversal setup).
Key Zones:
Selling Zone: Identified between Resistance R1 and Triple Top area.
Resistance Levels:
R1 near 3359–3400
Major resistance at around 3480–3500 (All-Time High zone).
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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.
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.