TradingCyborg47

DXY BUYING UNTIL FVG MITIGATES

Long
TVC:DXY   U.S. Dollar Index
The FED indicates that there is a 68.2% chance of going into recession in the next 12 months. There have been rising interest rates, increased unemployment, and increased prices of goods and services since most businesses have reduced their production. TECHNICALLY I interpret this as the Fair Value Gap in the weekly timeframe being filled before DXY starts trending bearish. This is a long-term view in accordance with the fundamentals in place right now and we shall only confirm that when the next level of liquidity is taken out.

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