I think that it is time to consider a breakdown
The bounce here has been so weak... I cant help but think were going to break support.
Originally I was thinking the dollar will go up, but it seems that JPOW wants to keep trolling and raising by tiny increments which have zero meaningful impact.
That said, inflation probably comes back and dollar goes down.
Originally I was thinking the dollar will go up, but it seems that JPOW wants to keep trolling and raising by tiny increments which have zero meaningful impact.
That said, inflation probably comes back and dollar goes down.
Note
Yeah the dollars officially fucked. Next support highlighted below, doubt it holds though.Note
This is what happens when you have a tiptoeing federal reserve.Powell killing the USD.
Note
This was a mini deadcat bounce IMO. All it has really done so far is reached old support and new resistance. Trend down still.
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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.