While this pattern is playing out expect equities and commodities to move down. If DXY breaks back above this trend line it will be bullish for the dollar and bearish things like Gold, stocks and Bitcoin. One should expect this trend line to flip as a resistance before continuing down.
This is not trade or financial advice.
This is not trade or financial advice.
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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.