DXY - 36 years of chart
Which way goes it?
Turns out, The Europeans are printing twice as much as we are.
As much as the dollar doesn't deserve it, it may show strength just based on being the least terrible.
Note the "like a boss" W bottom formation Dec 2020 -May 2021... just enough time for BTC to go crazy.
At the moment, we have created a pristine double-top on the DXY.
Turns out, The Europeans are printing twice as much as we are.
As much as the dollar doesn't deserve it, it may show strength just based on being the least terrible.
Note the "like a boss" W bottom formation Dec 2020 -May 2021... just enough time for BTC to go crazy.
At the moment, we have created a pristine double-top on the DXY.
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.