Appears to be a very large flag-type formation with hidden bullish divergence on the RSI.
The RSI is moving lower and lower into oversold territory while the price is steadily gaining.
This is suggestive of building strength within DXY as DXY has held onto all of it's gains since the end of May 2021.
I'm calling one more dip before the rally but this is really the last good chance to get a good entry presuming I'm right because the outline suggests we're about to say goodbye to 92 for an extended period of time.
The RSI is moving lower and lower into oversold territory while the price is steadily gaining.
This is suggestive of building strength within DXY as DXY has held onto all of it's gains since the end of May 2021.
I'm calling one more dip before the rally but this is really the last good chance to get a good entry presuming I'm right because the outline suggests we're about to say goodbye to 92 for an extended period of time.
