Dollar has just broke the 94.26 res level. So long as it holds this level it will continue to the next @ 95.17, indices will suffer on a long green candle... If dollar is rejected then indices will carry on.
Though the correlation b/w the dollar and equities is not perfect, large moves are typically negatively correlated.
Though the correlation b/w the dollar and equities is not perfect, large moves are typically negatively correlated.
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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.