DXY to Retest 2020 High

11 Nov 2022US Dollar Index is plunging toward the highs during covid. These recent drop features 2 of the biggest daily red candles in a while, with the last piercing through a 10-month support line, ichimoku cloud, gaussian channel and EMA ribbon. RSI also broke nearly 2 years of support. Momentum to downside is very strong. This is in line with Q4 generally bringing a rally for stocks; and crypto, despite the correlations diverging a bit recently, may benefit.