DXY (USD Index): A Couple Years of Deflation?
6 years ago in #haejin by haejin (85)
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Dxy I expect the possibility of disintegrating through the initial resistance zone. There are 3 bearish candlesticks as shown in the chart. I think the beginning of a new swing will target 94. Thank you @haejin for share
Yes, incremental lower lows prior to the rise is expected. However, a deflationary pressure would also mean a recession across USA
Excellent analysis. Good luck to everyone and wish good profits