Well, this DXY is a tough one to forecast at the moment, I am incline to vote for the downside but it is to difficult to tell at the moment. I know it is going to complete the B wave triangle, it could break out of the triangle up or it could be down. It depends greatly on who is going to win the presidential election comes November because no one wants to invest in a reserve currency when it's government is unstable the way the US is right now.
Well, down it goes, I voted DOWN for now, lol. The US has a lot of issues right now and it is not going to be fixed right away regardless who is going to be in the office by November. Long the Euro, folks!
Well, down it goes, I voted DOWN for now, lol. The US has a lot of issues right now and it is not going to be fixed right away regardless who is going to be in the office by November. Long the Euro, folks!