Chỉ số USDGiá xuống
DXY Index, falling below the downtrend channel...
The USD index recently topped and reversed, it was killing every other currency except the Russian Ruble! (fancy that huh!)
A new down-trend channel was formed and this was broken at the start of December 2022
Could be easy pair trades here on FX against the USD but possibly wait for a pullback and watch for the flip in direction, it's definitely hazardous markets right now!!!
Support possible around 103 with a previous trendline extension
BTC has kind of detached from the DXY for now also probably FTX has a lot to do with this for sure
Have a powerful rest of 2022 and see u in 2023, Merry Xmas and Happy New Year!
A new down-trend channel was formed and this was broken at the start of December 2022
Could be easy pair trades here on FX against the USD but possibly wait for a pullback and watch for the flip in direction, it's definitely hazardous markets right now!!!
Support possible around 103 with a previous trendline extension
BTC has kind of detached from the DXY for now also probably FTX has a lot to do with this for sure
Have a powerful rest of 2022 and see u in 2023, Merry Xmas and Happy New Year!
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