DXY ShortTerm Update

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DXY is holding above the downtrend channel, as well formed a small falling wedge pattern within the channel which in cases like this is bullish. Also on the RSI it has bounced off the same support line which caused a pump right after, if DXY breaks out the wedge and resistance on the RSI. We could be looking at a short term pump for DXY during the first week of june, thus causing BTC to drop down further in price.

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