US Dollar Weekly Update.

The US dollar has experienced a surge after breaking out of the symmetrical triangle pattern. Presently, it has surpassed the Ichimoku cloud and is facing horizontal resistance. The Relative Strength Index (RSI) suggests an overbought condition.

A potential rejection appears likely, whereas a significant breach of the horizontal resistance would validate bullish momentum. It's important to consider its typical inverse correlation with the cryptocurrency market.

Remember:-This is not a piece of financial advice. All investment made by me is at my own risk and I am held responsible for my profit and losses. So, do your research before investing in this trade.

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analiysisChart PatternscryptoTechnical IndicatorsldollarsandersTrend AnalysisUSDusddollarshortusdtusdtbtcreversalusdtdominance

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