[DXY] short term bearish (but long term bullish)
In daily TF, the price structure shows the beginning of a correction after a rise of about 28% (from the support 90), confirmed by a triple top of DXY, a MACD triple top and a bearish divergence of RSI.
In monthly TF, we have a strong uptrend due to a huge bullish divergence and a triple bottom.
![[DXY] long-term bullish](https://s3.tradingview.com/l/lMcY3Jhf_mid.png)
In monthly TF, we have a strong uptrend due to a huge bullish divergence and a triple bottom.
Trade active
Note
I expect a bounce around 102.Note
I expect a bounce in the next weeks.Trade active
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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.