The DXY looks like it's in the final stages of a UTAD before a fast breakdown of the DXY. This should be one of many catalysts leading to a BTC rally to $50k and 1 leg up in the stock market. The DXY so far is down around 150 points today and this downward trend on a larger timeframe should continue and the DXY should continue to head lower.
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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.