#US DOLLAR ANALYSIS

in #btc2 years ago

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#US DOLLAR ANALYSIS

The US dollar has been rejected at the horizontal resistance, and it has also experienced a market structure break. Presently, it is maintaining a position above the 200-day moving average (MA).

A breach below the MA 200 would confirm a downward trend for the dollar. It's important to note its inverse relationship with the crypto market.

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