DXY - Macro Decline to 100-95 (Supporting Coming Upside in Risk)
- DXY is busy slowly rising into a EWP B wave correction that will reverse down into a sharp C downward to 100 or less, supporting our thesis on the coming upside in broader risk assets.
- Global liquidity is also concluding a EW Falling Wedge Pattern that is expected to see a sudden exponential increase in liquidity in the coming days/weeks, which is inversely correlated to the USD.
- Global liquidity is also concluding a EW Falling Wedge Pattern that is expected to see a sudden exponential increase in liquidity in the coming days/weeks, which is inversely correlated to the USD.
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