DXY long term view (tri-monthly data) is conveying shifting trend on the dollar index -- to the downside.
Expect more long term correction, as this time frame don't change mind too often.
Spotted at 102.25
TAYOR. safeguard capital always.
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Long term data metrics update:
USD is bound for MASSIVE BREAKDOWN based on long term shift to the downside.
The downtrend will last for quite a bit.
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Expect some good trim downs within this week. Gravity getting heavier for the green buck -- technically and fundamentally speaking with recent development that affects it.
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Big breakdown has started. Brace for more.
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Our spot from our June assessment has aged well with DXY losing 3.5% of its price.
More weighty correction ahead -- and it will not be a conservative one based on recent metrics.
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DXY exited it's stability curve up channel after more than 20 years...
THIS IS MASSIVE. Gravity pressure would be too weighty for USD in the long term.
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