DXY up movement will continue up until the end of the month, at which point DXY will breakout downward.
1. DXY's movements have been forming within a bearish pennant.
2. 1D RSI has yet to fully reset since the beginning of 2018. Also its good to note that RSI is on a downtrend.
3.1D MACD is on a clear down trend as well. Since November MACD has continued on its downward trend while price has been gradually increasing. Usually a bearish confirmation.
1. DXY's movements have been forming within a bearish pennant.
2. 1D RSI has yet to fully reset since the beginning of 2018. Also its good to note that RSI is on a downtrend.
3.1D MACD is on a clear down trend as well. Since November MACD has continued on its downward trend while price has been gradually increasing. Usually a bearish confirmation.