DXY - Weekly Bearish Divergence at 10 Year Highs Short

U.S. Dollar Currency IndexTVC

Description

⋅ Aug 22, 2022 3:04 AM

Will the dollar index continue to sore following this week's inflation data? Technicals suggest otherwise. Should the bullish channel break, traders will be eyeing the next level of strong support around 100.

Comments

LA_Designer

⋅ Aug 22, 2022 2:28 PM

Yep, been talking about the weekly divergence since July. It's only a matter of time until this bad boy collapses.