Old Bear and Young Bull fight over Dollar Index

Last two times that DXY hit the bearish trend line, went down quite fast. This time it is showing another bullish trendline, resisting from going lower. We should wait and see which trend line will break. NDX and BTCUSDT already went down maybe cause of this young bull trendline appearance? Maybe DXY going up is more probable. Let me know what you think.

Kommentera:

Older bearish trend line worked as unbreakable for now unlike the younger bullish trend line. Maybe there is a signal for CPI today? Let's wait a bit more and confirm.