#Dollar# Index collapsing towards and possibly through support of the long held parallel channel since 2009.


#DXY# weakness is reflecting the outlook for lower US interest rates probably from the September #FOMC# meeting.
#Crypto# #BTC# are beneficiaries for now but if economy weakens too much then lower rates may not save the day.
Remember, a $BTC selloff could spark another severe correction if #Strategy was to become 'unstuck' with their leveraged #BTC# holdings
BTC-0.86%
MAY-1.71%
NOT0.57%
SPK-1.91%
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