Hello Traders!
This technical setup is backed by potential more dollar strength as FED turned hawkish, inflation is not seem transitory and rates should be raised.
This means a risk-off or others call it risk aversion environment which means safer currencies are more appreciated than the higher yielding commodity based ones.
Have a great day!
Vitez
This technical setup is backed by potential more dollar strength as FED turned hawkish, inflation is not seem transitory and rates should be raised.
This means a risk-off or others call it risk aversion environment which means safer currencies are more appreciated than the higher yielding commodity based ones.
Have a great day!
Vitez
