The big question is if the dollar is going to hold or loss the Trend Support... I think the market is going to bounce strongly, because of Risk OFF move in the near future.
As i mention in other posts i think "something is cooking" because for me is amazing that the market recovered so fast with all the structural problems we still have...high unemployment, COVID, several small and medium business bankruptcy, etc...
This article from Reuters i think it applies to other countries such as Canada, UK, and maybe USA, so if people start having difficulties to pay debt maybe that is the trigger when all stimulus packeges run out of steam, this will be a for RISK OFF move, in a couple of weeks we will see...
www.forexfactory.com...mortgages-propped-up
regards
As i mention in other posts i think "something is cooking" because for me is amazing that the market recovered so fast with all the structural problems we still have...high unemployment, COVID, several small and medium business bankruptcy, etc...
This article from Reuters i think it applies to other countries such as Canada, UK, and maybe USA, so if people start having difficulties to pay debt maybe that is the trigger when all stimulus packeges run out of steam, this will be a for RISK OFF move, in a couple of weeks we will see...
www.forexfactory.com...mortgages-propped-up
regards