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    QONEQT in Crypto News

    22-Nov-2022 01:17 PM


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    Price analysis 11/21: DXY

    DXY The U.S. dollar index plunged below the uptrend line on Nov. 10.
    This is the first indication that the index may have topped out in the near term.
    The 20-day EMA (108) is sloping down and the RSI is in the negative territory, suggesting that bears have an edge in the short term.
    If they succeed, the next stop could be 103.50 and then 102.
    Alternatively, if buyers drive the price above the 20-day EMA, the index could rise to the uptrend line.

    Source - Cointelegraph