SabahEquityResearch

A Dollar comeback is due !

SabahEquityResearch 업데이트됨   
TVC:DXY   미국 달러 인덱스
The Dollar has peaked no question about it, however with the recent upside inflation surprises in Australia and Spain as well as expecting 6.4 % headline CPI for the month of Jan in US versus a much lower read compared to month of Sept which the reported inflation was 6.5 % , the Dollar needs to make a comeback now or the inflation will be much more stickier resulting in an stagnant economic environment. enough with the talking lets see what pattern do we see on DXY: It appears to be a classic 12345 impulsive move down and highly likely the pattern is complete for this cycle, next we need a correction probably coming to trend line.

Previous analysis:

This Idea could be wrong do your own research



코멘트:
looks more upside
코멘트:
the correction is over expect new low

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