Today I am charting the The US Dollar Index ( DXY ) on a monthly chart over a multi-year period.

I am showing a comparison of the DXY price from 1997-2002 with the Price and RSI resembling the current price and current RSI. I circled and highlighted the areas of comparisons. Furthermore, I overlaid the historical price over the current price. Any DXY price drop may give the crypto and equity markets a chance to move higher for a bit.

I've been calling on the price of the DXY to go higher since November 2021:

#DXY US Dollar Index Forecast Bullish


When zooming out, the US Dollar price looks very bullish in the long-term. This is a monthly chart so please be patient with price action.

What are your opinions on this? I love reading your comments below.

Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis . Don't trade based on my advice. Do your own research! #cryptopickk
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