Hello Traders,
The recent data are showing a slow down on the US economy, on the technical side the $ is at the high since 2018.
I'm expecting a deep correction on the value of the USD against the major currencies will take place soon.
Trade with care
Kind Regards
The recent data are showing a slow down on the US economy, on the technical side the $ is at the high since 2018.
I'm expecting a deep correction on the value of the USD against the major currencies will take place soon.
Trade with care
Kind Regards
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Beijing has lowered expectations for U.S. trade negotiations this week
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Huston , DXY has a problem !
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EURUSD VS DXY
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The US Dollar is gathering his strength.
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I see the same bearish structure made by the DXY US Dollar index before the fall that was been triggered in the mid of 2017.
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