muhammedsirajudeen29

A huge downside momentum in Daily,weekly and Monthly chart

TVC:DXY   Indice devise Dollar U.S.
DXY
I think something shady is going down here .The dollar index has hugely moved into the downtrend territory as there is huge momentum to downside in daily weekly and monthly timeframes.If dollar is going down the price of import will rise leading to high inflation there are only few times this happened and all that times were bad..and there is a long triangle pattern in daily weekly and monthly chart .If it breaksdown with huge momentum .Many of the assets prices is going to get affected too.
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.