Moshkelgosha

US dollar at the most important support level

TVC:DXY   U.S. Dollar Index
US dollars experienced a horrible year. Money printing policies have made the US dollar weaker and weaker in the past year!
If you check the futures contract, Agriculture, Metals, Energy...etc. everything became strong in comparison to USD but Rice and Cocoa..!
Isn't it funny???

Today's candle could be a sign of reversal! but looking at a bigger timeframe shows how critical these days are!
Monthly chart: the last 13 years!

what do you think?
which scenario could be the case? Stronger or Weaker US dollar in the next 15 months???
Moshkelgosha

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.