In the DXY currency I analyzed, the trend lines and currency overall is indicating the prices to rise and to be in a bullish regime. The overall trend lines showed a falling wedge. While the following trend showed a double bottom pattern which is also bullish. I believe that DXY will break out and rise, because of two big patterns. Firstly, there is a golden cross which means that the 20 MA crossed above the 50 MA. There is also, a bullish RSI divergence which means that the RSI is rising while the price is staying flat. As you can see, DXY is proving to break out and go into a bullish regime which seems like a very good long-term investment.
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