KarimSeg

Is the USD ready for a comeback?

Alış
INDEX:DXY   US DOLLAR CURRENCY INDEX
as we might of `felt` the US Dollar has gotten weaker for over a year, this might be because of political tension in the states, distrust in the current US Treasury or any other reason really. but from a technical view there are chances of a USD comeback. right now the US Index is in an exhaustion or correction moment, this means according to price action traders that the trend might get ready for perhaps its last bearish rally, making a pullback in the segmented black trend line and even maybe a reversal. as well it seems that we see some convergence with the RSI 20, but this convergence is unconfirmed we`d have to wait and see how this goes in the following months. let me know your thoughts
Feragatname

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