DXY 1D RSI hasn't been this low since May 2022 Long

U.S. Dollar Currency IndexTVC

Description

⋅ Nov 11, 2022 1:57 PM

Is DXY ready for a correction?

In May, DXY 1D RSI was this low and the relative strength improved and stabilized over a period of days before moving higher.

Keep your eye on DXY to see if this level becomes a base low?

Good Luck

Beyond Technical Analysis

Comments

JoeChampion

⋅ Nov 11, 2022 2:55 PM

Do you think USD will recover?

peterbhc

⋅ Nov 11, 2022 3:00 PM

@JoeChampion, I do think DXY is completing wave iv and will head up to v.

Marcopolo0098

⋅ Nov 11, 2022 4:38 PM

@JoeChampion, it must happen ,, do funding rate decrease ? No ,, that’s final trap , dxy explode to new ath