ROYAL_OAK_INC

$DXY, Dollar, strength has been weakening for some time now,

TVC:DXY   US-Dollar Währungsindex
DXY has been weaker since our last call, cratering even

Lower highs since peak of Sept last year
Lower highs in recent trend since Nov 2023

Relative Strength breaking lower

UUP also shows this as well

(The following is not seen here, sorry, pls check profile for more info)
Weekly DXY shows the weakness clearer

RSI hasn't been able to break past 50 (middle area)

This is the LONGEST US #Dollar has taken to break under the breakout area (blue arrows)

Historically, RSI @ these levels has stopped rallies
At the very least temporarily

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