mr_index

DXY US political developments

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TVC:DXY   Indeks dolara amerykańskiego
US political developments and their impact on the dollar :

Here is a principle for you to remember: The value of the dollar decreases during the Republican era and increases during the Democratic era.
Of course, this is done with a certain time priority after the elections. This is a long-term priority for the transition from Republicans to Democrats.
That is, prices will last until they form a reversal.
As I publish my analysis of the dollar index, Joe Biden has been declared the winner of the US presidential election with 290 electoral votes.
Do not forget that it will take time for the dollar to appreciate after the Democrats came to power!
And the price continues to decline for some time.
This means that the scenario you see in the chart is possible. And the target can be touched.

Of course, note that this is just an analysis and probability and a hypothesis!
But it can give us a good perspective on doing the right thing.

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