USDollar is on a temporary downtrend the second the government re-opens I expect the Dollar to come out of it's rut. They are not going to risk anyone losing food, or credit the US Government makes way too much money for that. New Zealand is powered by Milk prices, and produce which is still a limited market. Still a very good short entry as I see...
DXY is running short and touching the top trend line will continue to watch.
Watch for Bullish Signals in: EUR/USD | NZD/USD | AUD/USD | GBP/USD
Watch for Sell Signals in: USD/CAD | USD/JPY
DXY to .76 area due to DEBT Turkey, China, and Russia are at battle with the US over the huge losses and the Tarriff. This may not be in the immediate future but Russia has already sold over $96+ billion and Turkey has sold most of the US Treasury's within the last few months. Everyone is dropping the dollar due to it being a poor investment. Even other news...
This trade is currently at double bottom and is expected to move up to $.99+
The price of copper is at an all time low and the price of iron is at an all time low. Oil is currently going down due to the tariff agreements from the United States .