Time to Short the Dollar! $$$
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 ⚔️
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.