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rookie007
Sep 24, 2022 9:12 AM

EURUSD Next Bus Stop Short

U.S. Dollar Currency IndexTVC

Description

It's October in another week, then next in the US, we will have mid-term elections. Along with the politics comes the Fed's manipulation of the current manufactured financial conditions and inflation.
As the DX has firmly moved into the 110-price zone, it is poised to move ebb and flow toward the 120-price zone. Alternatively, the EURUSD will continue its plunge to the 0.90 price zone and return to a negative parity. The attached chart of the EU vs. DXY monthly hopefully is linked.
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