The dollar index will be the driver for the next week, geo-political tensions, trade war and some economic data will still move the market in the short term. From a technical point of view, the index has reached our bearish target around 88.50, and from this area has triggered a good rally. With this in mind, what's next? To find some answers, we must remember what we said two years ago, do you remember? Open the chart below:
If the Fed does not change monetary policy, this view could be correct... what do you think?
If you think this analysis can be useful, leave a your comment or your ILIKE! Thank you for support and trade with care!
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.