U.S. Dollar IndexShort
DXY fakeout
waiting for the dxy market to open... figured I should write some of this down
I think DXY should drop back towards 103 before reaching again towards 106 \ 108.
This heavily bearish narritive for risk assets is designed to keep markets from over-exuberance at this change of tide.
I do think its possible to see more bullishness for dxy, in the short term... but still don't expect it to reach above 106 this season
I think DXY should drop back towards 103 before reaching again towards 106 \ 108.
This heavily bearish narritive for risk assets is designed to keep markets from over-exuberance at this change of tide.
I do think its possible to see more bullishness for dxy, in the short term... but still don't expect it to reach above 106 this season
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.