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ShiftSwings

📉 DXY 4hr Analysis 📊

Short
U.S. Dollar Index (TVC:DXY)  
ShiftSwings  
TVC:DXY   U.S. Dollar Index
Trend Analysis Technical Indicators
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trendanalysis indicator
Recent days have unveiled weakness in DXY. The current 4hr chart reveals a descending wedge pattern that has just broken downward. It's important to note that this might not lead to an immediate downturn but signifies the initial stages of a potential shift.

📉 Daily RSI displays a consistent bearish trend, suggesting divergence. A decisive breach of 104.378 could signal a reversal on longer timeframes.

#ForexAnalysis #DXY #MarketTrends #RSIDivergence"
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