DXY : The D is strong
The chart above explains.
As I explained previously, there is still some juice left - approx 25% - for the dollar to advance.
The more it moves UP, the more 'expensive' it becomes, until eventually, demand evaporates - as with all $--denominated assets.
As always, watch the US10Y.
Good luck.
As I explained previously, there is still some juice left - approx 25% - for the dollar to advance.
The more it moves UP, the more 'expensive' it becomes, until eventually, demand evaporates - as with all $--denominated assets.
As always, watch the US10Y.
Good luck.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.