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MatrixBits
Jul 19, 2018 7:17 PM

DXY to 88 Short

U.S. Dollar Currency IndexTVC

Description

DXY short to 88 interest rate will have bad effects, and tarriff.

Trade active

Order cancelled

DXY to 102+

It wins after finding the monthly pattern.

Comment



DXY to 102
Comments
MatrixBits
Jamal92
Tariffs are apparently strengthening the Dollar not weakening it
MatrixBits
@Jamal92, at the moment I think all and all interest increases and tariff activities will kill the dollar. No one wants to pay $4.00 bucks for a loaf of bread and $5 for milk which is almost here in US. Due to interest increases and debt.
MatrixBits
@MatrixFX, no one wants to pay 5k for the next iPhone because apple cant afford a 40 to 50% increase of cost. $250 billion dollar tariff is not chump change. Companies will fight it and Win.
Jamal92
@MatrixFX, The moment any positive news come out in trade I can see NZD and AUD rally around 2/3% easily.
MatrixBits
@Jamal92, total mistake my part DXY to 102
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