Here as expected - DXY is exhausted with pushing so much up, that it didn't even reach the wedge's top line and stopped at the horizontal resistance. It started moving down and expecting it to move as I previously predicted - go for the bottom of the wedge - and a final bounce up and go down for the much needed retracement.
Additionally EURUSD is also looking exhausted from pushing down and needs some relief - which would be weakening the Dollar aswell.
All of that is bullish for stocks and crypto.
Additionally EURUSD is also looking exhausted from pushing down and needs some relief - which would be weakening the Dollar aswell.
All of that is bullish for stocks and crypto.
