DanielRiera

DXY Not looking good

Short
TVC:DXY   U.S. Dollar Index
Double peak with measurement heading straight to the 200 day moving average (Red). Looks like the DXY could be headed either back to the trend line or finally breaking its trend on the way downward. What does this mean. Well, of course its always smart to take profits on the way up, but if you are into crypto currencies, there is a good chance you will see a rally in that realm as BTC seems to move inversely with the DXY. Where the crypto king (BTC) moves so will the rest of the crypto market. let's see how this pans out.

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