The DXY (Dollar Index) is shown on a monthly chart. DXY has broken out of a very long term line of S/R (Support and Resistance). It may come back down to re-test the S/R line before heading higher.
It's interesting to see the parallel channel formation and the trend line it is walking on since 2008.
I have been calling for the DXY to start moving higher since November 2021.
What are your thoughts? Comment below and hit the like please. Thank you!
Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis. Don't trade based on my advice. Do your own research! #cryptopickk #bitcoin #altcoins
It's interesting to see the parallel channel formation and the trend line it is walking on since 2008.
I have been calling for the DXY to start moving higher since November 2021.
What are your thoughts? Comment below and hit the like please. Thank you!
Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis. Don't trade based on my advice. Do your own research! #cryptopickk #bitcoin #altcoins
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Penerbitan berkaitan
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Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.