Brrrrrrr and its effects on DXY

Hi Traders

Where could the fall of USD find at least a break?

When looking at the monthly charts one of the blue areas could potentially be a place to find a bottom. But if we look closer then we realise that the red marked areas (the lows of 2008 and 2011) are not so unrealisticly either. We see a very bearish candle for this month and also the Brrrrrr of the FED will most likely continue.

Therefore the value of the Dollar will most likely fall at least until the end of this year. After the elections there will be a new situation to analyse.