The DXY appears to have formed a base on the weekly and it now printing higher lows. I suspect that we will see a spike in the DXY over the coming weeks to around 97.72 to 98.299 (the 61.8). This is likely to happen as the SPY is looking topy, as is BTC. The VIX is also in a falling wedge. I see smart money moving to USD in the coming weeks to reduce thier risk exposure.
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.