DXY BROKE MID-TERM TREND

Druggy@bbs profile image
Aug 1, 2022
DXYDXY

The US Dollar Index broke the mid term trend the previous week. This is bullish news for crypto, which has a reverse correlation with this index.

The yellow line below is the long-term trend which is next to be broken.

Huge support at 103.5 - 104 (purple rectangle). And below at 101 (yellow horizontal line)

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