#US# DOLLAR ANALYSIS



The US Dollar is rebounding from the support trendline of the ascending channel, with the 200MA acting as strong support.

A continued bounce could lead to further upside, while a breakdown below the channel and 200MA would signal #bearish# movement.

Given the US Dollar’s typical inverse correlation with the #crypto market, this # move could hold significant implications for #crypto traders.
INV-0.3%
MOVE-1.31%
HOLD-3.61%
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