Tez8

DXY Long - Target $0.94

Long
INDEX:DXY   US DOLLAR CURRENCY INDEX
SUMMARY: Long, when markets get spooked the DSXY rises - short term bullish

Note, I prepare this as a supplement to BTC price action.


-- Technical --

Above the EMAs and MAs - bullish

Has formed a reversal pattern with HHs and HLs .

However, we are in a rising wedge with a slight bearish divergence. Could break down if there is a pickup in sentiment.


-- Fundamentals --

CNN Fear index is 25 today, quite fearful.

https://money.cnn.com/data/fear-and-gree...

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