Fundamental Analysis With NFP around the corner, I wanted to do a fundamental breakdown of the US economy. US Dollar strength has been sustained although economic indicators are showing signs of recession. The crypto market is showing signs of a possible bullish reversal.
Following Fundamental Bias of Dollar Short. GU Buy from Demand
This trade Idea was formed with the bias that we should all SHORT THE DOLLAR!!! Fundamentally the Dollar Index is bearish. Technically we have formed bearish market structure. The break and retest of this Weekly Zone will confirm the SHORT THE DOLLAR BIAS!!! The trade idea will be updated this Friday, and every week after.