DXY - Weekly Chart - breaking down
The breakdown we want.
The breakdown we deserve.
Similarly to how the dollar strength overshot, the pendulum swings back now at full force.
The story will be different as soon as Europe decelerates its rate hikes. Europe is approximately six months later in its economic cycle.
Another pivot of that trend happens should the recession finally materialize.
Good luck, my friends.
The breakdown we deserve.
Similarly to how the dollar strength overshot, the pendulum swings back now at full force.
The story will be different as soon as Europe decelerates its rate hikes. Europe is approximately six months later in its economic cycle.
Another pivot of that trend happens should the recession finally materialize.
Good luck, my friends.
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