Thursday, 19 March 2020

US Dollar Index, DXY

This daily chart for DXY shows that global liquidation pressures were impacting dollar strength. The improvement is indicative of massive interventions by the FED aimed at overpowering these pressures. The indicator advises that the pressures will continue to have their wicked way. The bigger picture sees the top of a Primary degree bear market correction.





No comments:

Post a Comment