CRYPTOVALUTCHIK

DXY - there is a place to fall

Short
TVC:DXY   U.S. Dollar Index
Hello everyone. Today we will analyze the DXY index of the US dollar. Based on the chart, the price formed something similar to the "cup with handle" pattern and broke through an important level of 100. Now DXY has gone to retest this level and in the near future we are waiting for a downtrend. I expect a price with such a history of about 90. Also, the news background is not on the side of DXY: in one of its reviews, Bloomberg indicated that at the moment the short positions of asset managers relative to DXY are at record values.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.