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MBM_Crypto
May 5, 2023 2:55 PM

DXY - A bigger mvoe is coming!  

U.S. Dollar Currency IndexTVC

Description

Upon examining the DXY chart, it appears that the index is currently approaching the apex of a triangle formation. It is likely that a breakout will occur prior to the end of May, and it is recommended that one closely monitor this development. If the index were to break to the upside, it could potentially result in significant downturns in both the stock and cryptocurrency markets. Therefore, it is prudent to maintain a watchful eye on the DXY index.

Comment

Massive breakout! This is going to smash the stock- and crypto market!

Comment

It's going crazy! looking forward to 105

Comment

105 will soon be upon us!

Comment

Still expecting 105 !
Comments
Zadok777
looks like a bull flag daily chart dxy
MBM_Crypto
@Zadok777, Yep, expecting more upside
mahfuzazim_TA
Are you still expecting now?
MBM_Crypto
@mahfuzazim_TA, Yep. still expecting more upside
mahfuzazim_TA
Any chance to rate hike or increase CPI?
mdtayloresq
it's a triangle
MBM_Crypto
@mdtayloresq, Thx for letting me know :)
mahfuzazim_TA
How you expect 105 from current rate? Any chance to hike next week. All speculators anticipated FED will pause there rate!
TheNewsCrypto
Agreed
MBM_Crypto
@TheNewsCrypto great 😊
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