Looking at the Weekly timeframe on
DXY
we are currently on a strong support area.
DXY
isn't showing any signs of reversal back up and with inflation soaring above the sky and powerful allies abandoning the US Dollar for Gold; I can say the recession has just begun!
If you're a trader that deals with pairs correlated to the US Dollar; look to enter more positions against the Dollar for our country's great currency is dead!
DXY
we are currently on a strong support area.
DXY
isn't showing any signs of reversal back up and with inflation soaring above the sky and powerful allies abandoning the US Dollar for Gold; I can say the recession has just begun! If you're a trader that deals with pairs correlated to the US Dollar; look to enter more positions against the Dollar for our country's great currency is dead!