U.S. Dollar IndexShort
DXY top?
Hi I'm noob here.
The US Dollar index looks like parabolic arc in text book, and the strong resistant (red line) at the moment, so probably there will be a 60% retracement ?
And since DXY and Nasdaq 100/ bitcoin most of the time have a negative correlation coefficient, so there will be a bullish movement in stock and crypto in next few weeks?
The US Dollar index looks like parabolic arc in text book, and the strong resistant (red line) at the moment, so probably there will be a 60% retracement ?
And since DXY and Nasdaq 100/ bitcoin most of the time have a negative correlation coefficient, so there will be a bullish movement in stock and crypto in next few weeks?
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