DXY: Falling to its weakest level since late September, below 109.50. Below MM200, it lost its double bottom at 109,563. BTC has always set a pattern of opposite direction to DXY which did not happen yesterday, where it dropped to its weakest level since mid-June at $17,500, is already bouncing back.
On the hourly chart, an accumulative triangular figure was formed, which could be pushed up or down. One of the factors that could decide the direction of DXY is the results of the US midterm elections.
On the hourly chart, an accumulative triangular figure was formed, which could be pushed up or down. One of the factors that could decide the direction of DXY is the results of the US midterm elections.