MONTH: January 2024. CryptoMadden.com Presents: Monthly Chart Analysis About USD; Dollar Index 💵 [DXY]
Currently, the US dollar has a minimum of five negative downtrends holding it back from full on bullishness, so in order to escape this negativity, the February 2024 candle must start >110.5 price area.
The DXY price action is bouncing inside (Left Photo) both pink triangles; First one until July 2024 and the second; December 2024, But the US dollar has also broke to the downside of (Right Photo) pink triangle & could gravitate somewhere around 106.5 price area, In order to create bullish momentum for DXY Holders 📈
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Monday, January 01, 2024
Happy New Year; 2024 🥳 Trade signals will start soon 📊 Pin Us & Turn…
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