DXY tested support around 100.5 and is currently around 100.8, well below 4HR 50MA. Reclaiming 4HR 50MA, a reversal pattern in the support zone from 100 or 1W 200MA could signal a reversal and/or recovery. Closing below 1W 200MA could signal further weakness. Jobless Claims at 14:30 and PMI at 15:45.
BTC trades around $60.7k, showing potential signs of recovery, however a decisive break and retest of $61k could confirm bullish momentum… Still under 1D 50/200MA, after a bearish cross could still mean further downside towards $58k - maybe even $50k. Reclaiming 1D 50/200MA could signal a recovery.
