There is a possible Head & Shoulders pattern on the DXY Chart.
This simply means that if the DXY continues, then the markets can become Risk On. Meaning we can see demand come in for assets across the border.
I’m bearish on the US Dollar, and am expecting to see equity markets run up to make new highs at least in the short-term.
Simple and Clean Analysis ⚔️
This simply means that if the DXY continues, then the markets can become Risk On. Meaning we can see demand come in for assets across the border.
I’m bearish on the US Dollar, and am expecting to see equity markets run up to make new highs at least in the short-term.
Simple and Clean Analysis ⚔️