U.S. Dollar Index

DXY Update 05/26/21 (Short Term)

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DXY is still continuing in a downtrend channel and hasn't shown much signs that it will break out of the channel yet. I believe it will keep going down, as you can see on the RSI, a descending triangle has been formed and it will continue to stay inside the triangle. Until, it has touched twice for support on the light blue trend line.

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