Dear Traders, I have spotted falling wedge on W timeframe for DXY , which is by itself a bullish signal.
Checking price history i have found close resemblance with 2018 price action, not only by oversold levels but bullish divergence as well.
If we combine all bullish signals we have high probability for DXY trend reversal which might impact FIAT and Cryptocurrency.
Will 2021 be the year of the Dollar strength? Time will show!
Checking price history i have found close resemblance with 2018 price action, not only by oversold levels but bullish divergence as well.
If we combine all bullish signals we have high probability for DXY trend reversal which might impact FIAT and Cryptocurrency.
Will 2021 be the year of the Dollar strength? Time will show!