DXY Dollar fake out above key level
Not very good for the dollar. Dropped out from a rising wedge as well. First target is 89.9, second is 89.2.
Now the hope for the dollar is a double bottom at 89.2 or some unexpected event that will go against the technical patterns.
Gold is going up and look stronger.
BTC has flipped correlation to positive, so a drop in DXY is a drop in BTC.
Now the hope for the dollar is a double bottom at 89.2 or some unexpected event that will go against the technical patterns.
Gold is going up and look stronger.
BTC has flipped correlation to positive, so a drop in DXY is a drop in BTC.
Comment:
must be the inauguration
Comment:
retest and rejection of wedge and resistance
