Although the dollar has been very weak lately especially in Jul 2020. If we read and trust media reports, they are painting a catastrophic picture of dollar. But we go to the higher timeframe and start to put things in perspective, it starts to form a contrarian picture of dollar. In this analysis, I take top down approach in the analysis from to all the way 4H time frame to see what actually has been happening. Although, this is a point of view and ignores fundamentals completely, I am sure that it is interesting to see what market is telling us from the charts.
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