mikedargham

DXY swing trade

Short
TVC:DXY   U.S. Dollar Index
The DXY just got to the strongest resistance line. He couldn't break it since the year 2000.
A major pullback is expected and a push of all assets against the US dollar.

If we go on the lower time frame(4 hours chart) a double top is forming which indicates a reversal.

That could affect the price of crypto and other assets/currencies.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.