Ascending Triangle Attempting Bullish Breakout On Weekly

In the situation that the USD Becomes the safety net of the market, one has to wonder what would happen to the Exotic/ Risk On Pairs vs the more mature pairs. I think you will see the GBP and the EURO dramatically increase in value against many pairs while the majority of the market shifts towards USD while on the other hand you will see the CAD, JPY, and CHF among many others losing value.

Commentaire:

Something that i just noticed after posting was that the weekly has confirmed a golden crossing.

This isn't something i usually put much weight into but it's a nice bullish variable to note nonetheless.