Market insight — #US DOLLAR ANALYSIS
The US Dollar has broken down from the ascending triangle pattern, signaling increasing bearish pressure.
The Ichimoku cloud is acting as a resistance barrier above the current price action.
A sustained close below the breakdown level could confirm further downside in the US Dollar.
#Crypto #TechnicalAnalysis
The US Dollar has broken down from the ascending triangle pattern, signaling increasing bearish pressure.
The Ichimoku cloud is acting as a resistance barrier above the current price action.
A sustained close below the breakdown level could confirm further downside in the US Dollar.
#Crypto #TechnicalAnalysis