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JTheretohelp1
Sep 2, 2021 3:34 PM

$USD Updated Chart (Weekly)  

U.S. Dollar Currency IndexTVC

Description

This is a chart I have saved and constantly refer back to as a reference point. So far, everything has gone according to the script. I still see us is a larger "ABC" correction, and with weekly oscillators pointing south, the USD should remain under key resistance and have a downward bias over the weeks to come. Since we know there is a strong correlation with Risk assets and the USD pair, this remains one of my most important charts when determining a macro thesis. And for now the path of least resistance is down meaning risk assets, including quality crypto, will have a bias to be bid higher.
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