TVC:DXY   U.S. Dollar Index
This too shall pass

.702 back. Contemplating. Does it stop here and go back down? We all know the raw fundamentals. The core issues are the same. Go to issues can override this for a spell. USD. USD.

What about the "go to" aspects of BTC and XRP and gold ... etc. "what happened". Think flows. Large players have a choice but that choice requires USD as an intermediary step.

Think in levels of fear. USDaddy is the go to but .702 back is room for pause. Watch for a possible upside tail on the 4h. When does USD transition into value levels of BTC XRP and Gold on a scale that reflects the fundamentals. This is a an important 4 h candle - it will dictate pressure on the monthly.

US is locking down. This needed to happen. The US will look like a champ in the corona fight. OK fine.

Think flows. We are experiencing today's price actions for reasons that are more than just virus.

The rescue only comes...only comes with a lower value of USD.
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