hbaieb60

DXY end of the bull rally ?

Long
TVC:DXY   U.S. Dollar Index
I think the DXY is very close to the end of its rally , this will be very good for the markets generally , especially for cryptos and stocks since they faced massive losses for months now , i think we still have some small upside up to 110 , drawn from the macro fib channel on the monthly chart. Plus the RSI is very overbought , although it still has more to go to its previous all time high .
Not financial advice .
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.