Seems like DXY is forming an inverse head and shoulder against the resistance line of the pennant it's formed.
This pennant is also inside of a larger rising channel.
RSI and MACD are also both at levels where we could see weakening of the downtrend and reverse.
This pennant is also inside of a larger rising channel.
RSI and MACD are also both at levels where we could see weakening of the downtrend and reverse.
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.
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.