$DXY Rejection or a retest of the 50D SMA? In the last updat

Umair Orakzai2026/09/20 15:30:27

$DXY Rejection or a retest of the 50D SMA? In the last update for DXY, we talked about the chart pushing high as a result of interest rate hikes, and we also shared a region of rejection where the price can see struggle. That area was approached and the rejection is being see, tho hasn't been confirmed yet. What you want to see is the reaction on that green SMA line, if that is broken and the chart starts closing under that level, we are considering that high, a local high and the rejection is confirmed, but if not then as long as the chart is above the green line, it is bullish. One more thing, DO PAY ATTENTION TO US10Y chart. #CRYPTO #TRADING #BTC #ETH #DXY #DOLLAR #INDEX #MARKETUPDATE

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