TradingView
zonetradingsz
Apr 13, 2022 8:03 AM

DXY - Will we break the 30 years resistance or dump?  

U.S. Dollar Currency IndexTVC

Description

50 Years of DXY . Inflation spikes historically correlate with local DXY lows.

Now we have DXY in 2022 at 30-year resistance - Things could get very spicy soon. Of course, I'm watching this price because of its inverse correlation to Bitcoin ... and that's a big part of why I think we could have one last rally in the markets before a possible recession sets in.
Comments
bstew76
So basically inflation will continue increasing until DXY reverses and hits it's low?
More