DXY OUTLOOK

Longterm Outlook on DXY.

Expecting a weak dollar towards the end of the year. This is the technical view.
On the fundamental sides, the data releases from the United States has continued to weaker on every release. Also, there is expected rate cut on the interest rate.

Komentarz:

Finally getting some volatility on the dollar to the down side. This should also help with our bias on the pother pairs as analysed. Looking forward to a bearish june.

"May fortune attend thee, and thy trade prosper." .......L2Earned

Transakcja zakończona: osiągnięto poziom stop:

This trade stop has been reached, I will be looking for an updated entry on DXY, though fundamentally, the data from the USA has continued to be weaker, we have se price go higher.

"May fortune attend thee, and thy trade prosper." .....L2Earned