DXY Approaching a critical zone.

قبل ٥ أيام

After breaking down from its 2023 trendline, the DXY has rallied back to a convergence point at 104. This level is now a major pivot; if we start to see weakness and a breakdown through this zone into November, it could provide a much-needed tailwind for risk assets. My target on the downside is around 95-97, a level that could align with the top of the current crypto bull run.

Keeping an eye on this level is essential, especially as we move toward the anticipated Q1-Q2 cycle top in crypto. Watching for any signs of reversal or further strength here to guide broader market positioning.