DXY is showing some mixed signals, the declining trend line shows a hint of a break to the upside, but not quite as impulsive as the market selloff would lead one to expect.
- Bollinger Band Width: Relatively tight but not reaching narrow ranges (low dotted yellow on indicator), Once we tip that line we can be sure of an impulsive move, signalling sideways, for now.
- RSI: The RSI seems to have also tipped over a declining TL, further sign of some potential pop to the upside
- ICHIMOKU: An interesting crossover of the red suppressing cloud, this could hint at a bit of downward pressure to come, but this may not materialize, as it is quite early.
