U.S. Dollar IndexShort
IT'S OVER. US DOLLAR IS DEAD!
Looking at the Weekly timeframe on DXY we are currently on a strong support area. DXY isn't showing any signs of reversal back up and with inflation soaring above the sky and powerful allies abandoning the US Dollar for Gold; I can say the recession has just begun!
If you're a trader that deals with pairs correlated to the US Dollar; look to enter more positions against the Dollar for our country's great currency is dead!
DXY we are currently on a strong support area. DXY isn't showing any signs of reversal back up and with inflation soaring above the sky and powerful allies abandoning the US Dollar for Gold; I can say the recession has just begun!If you're a trader that deals with pairs correlated to the US Dollar; look to enter more positions against the Dollar for our country's great currency is dead!
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