Perfect reaccumulation on DXYđź’˛
The huge, almost eight-year DXY reaccumulation is coming to an end. Given the negative correlation between traditional & cryptocurrency markets and DXY INDEX, and the recent signs of weakness in the markets, we can expect the dollar to strengthen at the expense of the markets.
Further declines in crypto market and traditional markets are very likely.
The huge, almost eight-year DXY reaccumulation is coming to an end. Given the negative correlation between traditional & cryptocurrency markets and DXY INDEX, and the recent signs of weakness in the markets, we can expect the dollar to strengthen at the expense of the markets.
Further declines in crypto market and traditional markets are very likely.