DXY double bottom short term
According to chart, W pattern, on daily time frame, obviously has been indicated the power of Dollar in short term.
However, should be aware of news about FED and other economical including Real Estate and also political news.Word by word from economical influencers and government could be affect on markets.
Moreover, encouraging people to transferring their assets to fiat is the proof of W pattern due to rental housing issue in US, which means people need dollar to pay their bills on their rental house.
To sum up, in my opinion the markets are on the ropes due to recent days
However, should be aware of news about FED and other economical including Real Estate and also political news.Word by word from economical influencers and government could be affect on markets.
Moreover, encouraging people to transferring their assets to fiat is the proof of W pattern due to rental housing issue in US, which means people need dollar to pay their bills on their rental house.
To sum up, in my opinion the markets are on the ropes due to recent days
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