Bearish Divergence Leading into Bullish Re-test
A bearish divergence between RSI and price on the 2 weekly chart led to a drop in the dollar index. It will likely re-test the upper trendline on the chart, around ~100.
From there, it will either bounce or fall below, potentially making a 3rd higher high above the lower trendline, well above ~88-90.
From there, it will either bounce or fall below, potentially making a 3rd higher high above the lower trendline, well above ~88-90.
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