Dollar Index - Pending Distribution
U.S. Dollar Currency Index TVC:DXY
7 Days Has Gone By And The Interest Rates, More Specifically The US5Y And US10Y Has Continued To Descend Into The Abyss Yet, Dollar Has Stood Strong Holding Firm Just Below 98.
Usually, There Is Positive Correlation Between Yields And Dollar Index As Higher Yields Act As An Incentive For
Foreign Capital Inflows And Lower Yields Does The Reverse But This Time Round, There Is A Break Of Correlation.
I Believe Dollar Will Finally Loose It's Footing And Make It's Way For The NWOG. 1st Point Of Interest Is 97.355 Going Into Next Week
source https://www.tradingview.com/chart/DXY/ZJAnIqVV-Dollar-Index-Pending-Distribution/
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