DXY showing strength - still bullish
Zaktualizowano
DXY is showing strength.
- We expect DXY to continue its rise towards the next major resistance that is at 120.
- RSI remains in a bullish control zone and we don´t have any bearish divergences yet.
- MACD looks bullish too.
- It´s not an ideal situation for risky markets such as crypto and stocks.
- As long as DXY is bullish , we expect stocks and crypto to continue being in bear markets.
- If we get any sign of weakness at DXY, it will be good for crypto and stocks.
We will monitor DXY and keep the chart updated.
- We expect DXY to continue its rise towards the next major resistance that is at 120.
- RSI remains in a bullish control zone and we don´t have any bearish divergences yet.
- MACD looks bullish too.
- It´s not an ideal situation for risky markets such as crypto and stocks.
- As long as DXY is bullish , we expect stocks and crypto to continue being in bear markets.
- If we get any sign of weakness at DXY, it will be good for crypto and stocks.
We will monitor DXY and keep the chart updated.
Uwaga
After pullback DXY looks like it´s ready to continue the rise.
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