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VulcanoRosso
Sep 4, 2020 6:50 AM

US DOLLAR INDEX ONE MORE LEG DOWN POSSIBLE Short

U.S. Dollar Currency IndexTVC

Description

watch for short setups .
EURUSD can reach up to 1.24 or 1.27
GBPUSD still targeting 1.36+
after this downturn i think DXY will reverse up & go for 104 + due to market crash. even 115+ possible in 2021.
good luck.
Comments
uglyazzcreepervibes
Do you know we're 25 trillion dollars in debt and climbing? Why on earth would anyone think the value of the dollar would go up?
VulcanoRosso
@alyssaluv, dollar will lose value after 2021 , but we may see another spike due to liquidity crisis before the big drop. wait for the next market crash and see how it goes above 104 again. ;)
uglyazzcreepervibes
so you think dollar will skyrocket to the moon after a small dip? even after all the money printing and fiscal irresponsibility?
Alexander_Harford
Good job , buddy!
VulcanoRosso
VulcanoRosso
yes , quite possible.
lu1977hk
Does it mean we will first see the SPX at 4000 before any market crash? With Euro at 1.25/27 or DXY at 89/87 markets will be at their super tops. Do you see that happening before election day?
VulcanoRosso
@lu1977hk spx 4K+ can happen right before or after the election date. more stocks can go into hyperbubble before the market pops. that will be interesting if it’s really going to happen. :)
lu1977hk
@VulcanoRosso, Is that scenario playing? Do you still see DXY bottoming around 88 ish?
VulcanoRosso
@lu1977hk, yes i do... i'll be in position > Long USD.
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