It looks as DXY might be forming some bullish patterns. I was expecting a W but a Cup and Handle seems at the moment more likely. Waiting to see how it evolves.
I am not a financial advisor.
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Middle channel trendline Support + bullish divergence on the 4h.
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Bearish View - both indicators RSI && Stoch RSI pointing down Bullish View - Price Action Possible bullish retest of the downslopping trendline.
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DXY continues to break higher. Currently looking at the 618 level.
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