Is the King of the currencies ready to take back the throne ?
The major trend has changed since January 2021, and currently, my chart says that 87-89 potentially the bottom.
Technically I reckon there's a possibility that DXY will climb to 94 zones; that zone was the broken neckline.
Historical Inflation Rates: 1914-2021
usinflationcalculator.com/inflation/historical-inflation-rates/
US CPI bls.gov/news.release/archives/cpi_05122021.htm
"Treasury secretary Yellen does not anticipate inflation to be a problem" wsj.com/articles/us-inflation-consumer-price-index-april-2021-11620781266
Technically I reckon there's a possibility that DXY will climb to 94 zones; that zone was the broken neckline.
Historical Inflation Rates: 1914-2021
usinflationcalculator.com/inflation/historical-inflation-rates/
US CPI bls.gov/news.release/archives/cpi_05122021.htm
"Treasury secretary Yellen does not anticipate inflation to be a problem" wsj.com/articles/us-inflation-consumer-price-index-april-2021-11620781266
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Upgrade Your Trading Station with Gold Cartel
Publications connexes
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.