While the DXY is trending down the EUR USD is trending up.
On the EUR USD:
- RCI 3 lines, Line crossing of the long term trend line and the middle trend line.
- RSI is crossing over the moving average line -> bullish
- the chart has reached a golden pocket on the .618 fib level
- the chat has reached a former support line on 1.069 from Jun 2023
The DXY is doing the opposite thing, showing that the trend on the EUR USD is legit.
On the EUR USD:
- RCI 3 lines, Line crossing of the long term trend line and the middle trend line.
- RSI is crossing over the moving average line -> bullish
- the chart has reached a golden pocket on the .618 fib level
- the chat has reached a former support line on 1.069 from Jun 2023
The DXY is doing the opposite thing, showing that the trend on the EUR USD is legit.