DXY fakeout
waiting for the dxy market to open... figured I should write some of this down
I think DXY should drop back towards 103 before reaching again towards 106 \ 108.
This heavily bearish narritive for risk assets is designed to keep markets from over-exuberance at this change of tide.
I do think its possible to see more bullishness for dxy, in the short term... but still don't expect it to reach above 106 this season
I think DXY should drop back towards 103 before reaching again towards 106 \ 108.
This heavily bearish narritive for risk assets is designed to keep markets from over-exuberance at this change of tide.
I do think its possible to see more bullishness for dxy, in the short term... but still don't expect it to reach above 106 this season
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