#US DOLLAR ANALYSIS

in #btc10 months ago

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#US DOLLAR ANALYSIS

The US dollar has been rejected from the horizontal resistance. The MACD crossover is turning bearish, and the RSI is also moving toward the oversold region from the overbought region.

Consequently, a downward move is anticipated in the dollar, which could potentially signal a bullish trend for the market as they often work inversely proportional to each other.

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