U.S. Dollar IndexShort
DXY - Macro Decline to 100-95 (Supporting Coming Upside in Risk)
- DXY is busy slowly rising into a EWP B wave correction that will reverse down into a sharp C downward to 100 or less, supporting our thesis on the coming upside in broader risk assets.
- Global liquidity is also concluding a EW Falling Wedge Pattern that is expected to see a sudden exponential increase in liquidity in the coming days/weeks, which is inversely correlated to the USD.
- Global liquidity is also concluding a EW Falling Wedge Pattern that is expected to see a sudden exponential increase in liquidity in the coming days/weeks, which is inversely correlated to the USD.
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Disclaimer
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.