The major trend has changed since January 2021, and currently, my chart says that 87-89 potentially the bottom.
Technically I reckon there's a possibility that DXY will climb to 94 zones; that zone was the broken neckline.
Historical Inflation Rates: 1914-2021
usinflationcalculator.com/inflation/historical-inflation-rates/
US CPI bls.gov/news.release/archives/cpi_05122021.htm
"Treasury secretary Yellen does not anticipate inflation to be a problem" wsj.com/articles/us-inflation-consumer-price-index-april-2021-11620781266
Technically I reckon there's a possibility that DXY will climb to 94 zones; that zone was the broken neckline.
Historical Inflation Rates: 1914-2021
usinflationcalculator.com/inflation/historical-inflation-rates/
US CPI bls.gov/news.release/archives/cpi_05122021.htm
"Treasury secretary Yellen does not anticipate inflation to be a problem" wsj.com/articles/us-inflation-consumer-price-index-april-2021-11620781266
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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.