This chart shows us how strong dolar is. When dolar goes up, stocks, crypto, comodities goes down.
DXY had top on 105, from this was a nice rejection. The trendline was broken and everybody was waiting for pullback to suply zone around 103-104.
DXY broke this level and is going still up. Currently trading above 105,5.
Bearish scenario on DXY means = crypto up, stocks up, gold up. I am waiting for rejection on daily chart. Currently below bullish trendline, but still going up.
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