Dollar Index has taken a large hit due to the massive level of inflation experienced this year due to monetary covid response.
23.6% of all US dollars in circulation have been printed in the last year alone.
Since DXY has crashed and sold off deeply, a sharp reversal may be imminent.
At the minimum there could be a sharp move up and whether it sustains and pushes even higher is another question.
As a result, I will, at the least, be observing this falling wedge breakout during Q1 of 2021 as it has the potential to massively impact the financial markets and other positions to come.
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.