Todopoderoso

dxy dollar strengh idea

Short
TVC:DXY   U.S. Dollar Index
reached supply zone right around this levels, this is the reason why both the stock market and cryto market are tanking so hard because they move inversely to the dxy, so we should expect those markets to consolidate or move higher as long as this zone holds it down, if this continues to go up, they we could say the markets will crash to levels not seen in recent years , but we shall see what happens at this level, i expect it to get rejected but no one knows,
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.