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Franslelo2
Jun 21, 2022 4:39 AM

DXY 

U.S. Dollar Currency IndexTVC

Description

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DXY Daily Chart Update

🔸 DXY shows signs of weakness in the Daily Chart since the price got rejected in its multi-year resistance.
🔸 The oscillator also shows bearish divergence here.
🔸 A potential double top is also forming and might be valid at no particular time.
🔸 If the price breaks the neckline support. The next direction could be at 99 area.
🔸 A further drop in DXY is an advantage for the crypto space.
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