DXY Going DOWN Baby!

By eyesape
Updated
Now broken thru both major and minor resistance.

next big resistance comes around 102.6 but I think this can play as a measured move, and quickly fill towards the end of that wedge forming

DXY can complete the trend and find some releif towards the end of this year or beginning of next
Comment
doesn't show on this chart, but I'm seeing some divergence in the RSI...

so.. i'm feeling uncertain... perhaps that won't mater, but... somehow i think the divergence may be resolved with some relief here in the short-term before completing the leg down
Comment
now I see divergence in this failed upward move.. I'm not so worried

DXY Local Long
Bitcoin (Cryptocurrency)BTCChart PatternsDXYTrend Analysis

Related publications

Disclaimer