The US dollar has recently reached a previous high resistance level following a sustained bullish rally. The RSI is currently situated in the overbought region.
It is possible that a rejection and subsequent downward movement in the dollar could occur as long as it continues to trade below the horizontal resistance. It's important to note that the dollar often exhibits an inverse correlation with the crypto market.
It is possible that a rejection and subsequent downward movement in the dollar could occur as long as it continues to trade below the horizontal resistance. It's important to note that the dollar often exhibits an inverse correlation with the crypto market.