DXY faces a strong resistance

מעודכן
US Dollar Index is the strongest asset this year so far, But this might change soon

Around mark (118-120) in my chart there is a historical resistance last time reached that level was 2002
this resistance is very strong and can change the trend direction Also check monthly RSI there is historical resistant too

Keep in mind that US Dollar Index has an opposite relationship with all other assets like SP500 - GOLD - BITCOIN and other currencies


If DXY start to correct around that level BTC can found bottom and go up in on the otherside if it made a breakout the bears winter season will continue much much longer


Do you think DXY will drop soon ?
Share with me in comment section below ⬇️
הערה
Another resistance
Ascending channel top which is bearish too

תמונת-בזק
Chart PatternsDXYdxyanalysisdxyindexFundamental AnalysisTrend Analysis

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