So basically we have a dance between eurusd and dxy - and emaflow is really good at projecting these ranges . EUR needs to stay above the green oversold area - but something tells me it will... we're basically really really not like 2000ish, and we're basically in a wedge?
All this points towards a potential eurusd soon bottoming - this historically also was during bear markets but not recessions - also if we are building a recession - historically it took 2 years for eur to crash.. we might do it sooner but overall i think we're due for a bounce.
Ye like its god damn 2013 all over again. Or maby inflation kills us anyway. Time will tell...
Keep in mind this gets invalidated if we crash below our os area.
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also check out that divergence at the emaflow oscillators.. ;)