DXY, what does your crystal bar say? We are at a triple top, last summer my 8-ball said the DXY would hit 104 and it is a few bases' points away. Now we are at a Tripple wick top! Will DX breakthrough to meet old heights or retrace and pull back.
We have a lot of EUR news on deck tonight and then in the AM USD news could make for an interesting London slide and AM whipsaws! To top that off it's the last Friday of the month for book balancing!
Great chart. But I feel it is engineered to create false hope for the dollar. We will see continued debasement of the dollar, with CBDC roll-out coming November 2022 - according to the G20 Roadmap.
rookie007
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@Tk-wake agreed, but that time is not yet, and with current world events, the timeline is anything but set in stone. As a scalper and swing trader, I don't look that far ahead. I appreciate the POV, thanks for the comment.