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DXY MACRO ANALYSIS

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CAPITALCOM:DXY   US Dollar Index
dxy monthly and weekly looks bearish, indicating an end to a 16 months up-trending chart. This could mean a great year for cryptocurrency and /usd pairs ( posted a swing gu chart analysis earlier )

i'll be taking most trades in confluence with my macro bias for dxy hence mostly playing longs on crypto and /usd pairs in forex from now unless my idea (as pictured) gets invalidated.

2023 will be a great year inshallah!


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