Will DXY go to the bottom of the channel or will it increase from here?
It will increase, because of rate cuts. It avoided the bottom of the channel in 2018 because rates were increasing.
Bullish for crypto.
It will increase, because of rate cuts. It avoided the bottom of the channel in 2018 because rates were increasing.
Bullish for crypto.
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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.