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DXY DOLLAR INDEX Bearish Divergence
U.S. Dollar Index
DXY DOLLAR INDEX Bearish Divergence
By TheCryptoCity
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May 16, 2022
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May 16, 2022
DXY
DOLLAR INDEX- Bearish Divergence
The DXY is drawing a bearish divergence on the 1D. Historically, this signaled a nearing top.
This is further corroborated by the fact that the divergence took form at the top of the range and after a parabolic rally.
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