DXY is approaching resistance.
If TVC:DXY breaks past resistance and USDKRW breaks past resistance, we could be seeing levels from 2022 return 1439.
It is imperative for us to monitor the green upward sloping line of resistance.
If we fail to close the month above this green upward line of sloping resistance (12 days left) we will likely see a correction...
Historically speaking on the 1 month chart whenever RSI crossed below the 50 mark, it indicated of an upcoming exponential rally.
This indicates that we can potentially expect to find a bottom soon before seeing an exponential upward price action.
However, the world economy has changed quite a bit within the last 2 years, and with the reasonable expectation of...
