DXY reversal until August / September Long
U.S. Dollar Currency IndexTVC
Description
⋅ - MACD and RSI crossover
- Above the 200 MA is still relatively bullish
- Bottomed out on the LuxAlgo oscillator, prime for a reversal
- Effectively a double-bottom was posted
- Gold just began trending down and there seems to be a negative correlation
--- $105 is the first price target
--- Up to $112 as the top price target