DXY - What next ?? BEAR START HERE ??!!
look at the Decending triangle pattern, it seems almost complete !! and look at the pattern of Bullish Falling wedge on the pair EUR/USD time frame H4 it follows the pattern of Bullish falling wedge (it seems sign of reversal). Covid issue may find its peak after many "infinity stimulus" was pumped to the market through helicopter money!! so then what next ?? Lockdown easing released soon ?? Antiviral drug treatment hope ??? eventhough world wide jobless has been risen due this issue ! Hope the economy will be healed soon and the people get their job again... The EARTH has been rejuvenated !!
Wait... they said Recession ???
DXY retest resistance area on 101.02 - 101.71 (FR 50%-61.8%), potential to complete the decending triangle pattern and then continue to breakdown the recent pattern then retesting the support area on 97.88.
Wait... they said Recession ???
DXY retest resistance area on 101.02 - 101.71 (FR 50%-61.8%), potential to complete the decending triangle pattern and then continue to breakdown the recent pattern then retesting the support area on 97.88.
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