DXY Monthly Chart (Predicted in Nov 2021)

The DXY (Dollar Index) is shown on a monthly chart. DXY has broken out of a very long term line of S/R (Support and Resistance). It may come back down to re-test the S/R line before heading higher.

It's interesting to see the parallel channel formation and the trend line it is walking on since 2008.

I have been calling for the DXY to start moving higher since November 2021.

What are your thoughts? Comment below and hit the like please. Thank you!

Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis. Don't trade based on my advice. Do your own research! #cryptopickk #bitcoin #altcoins