DXY Daily Chart Update
🔸 DXY shows signs of weakness in the Daily Chart since the price got rejected in its multi-year resistance.
🔸 The oscillator also shows bearish divergence here.
🔸 A potential double top is also forming and might be valid at no particular time.
🔸 If the price breaks the neckline support. The next direction could be at 99 area.
🔸 A further drop in DXY is an advantage for the crypto space.
🔸 DXY shows signs of weakness in the Daily Chart since the price got rejected in its multi-year resistance.
🔸 The oscillator also shows bearish divergence here.
🔸 A potential double top is also forming and might be valid at no particular time.
🔸 If the price breaks the neckline support. The next direction could be at 99 area.
🔸 A further drop in DXY is an advantage for the crypto space.