The United Dollars Index (DXY)

in #cryptocurrency6 years ago

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The US dollar index shows the strength of the dollars and relatively the weakness of the Euro, Japanese yen(others are not so dependent).

Analyses from the chart shows that the triangle formation after getting tight, broke out. This break out was followed a possible start of a new trend, supported by the head and shoulder formation. So heads up guys maybe the price of bitcoin, steem, and other crypto who took the hit as dollars was on the rise would sky rocket

that's it for the evening, please anticipate more from me

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