The US dollar has perfectly rejected from the trendline resistance of the symmetrical triangle. MACD crossover is about to turn bearish.
A solid breakdown of the triangle would confirm the bearish trend in the dollar. It's important to note that it moves inversely to the crypto market.
A solid breakdown of the triangle would confirm the bearish trend in the dollar. It's important to note that it moves inversely to the crypto market.
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Related publications
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.