Dollar Index with strong downward pressure in the long term.
DXY
target= 60.
1. The unstoppable deficit of the trade balance.
2. The unstoppable rise of government debt (15 to 30 trillion dollars in 10 years).
3. The shift of world geopolitics towards China, India and the rest of the BRICS.
4. The fierce competition of gold and bitcoin as a store of value.
5. The influence of technical analysis with the beginning of a bearish phase in 5 waves.
DXY
target= 60. 1. The unstoppable deficit of the trade balance.
2. The unstoppable rise of government debt (15 to 30 trillion dollars in 10 years).
3. The shift of world geopolitics towards China, India and the rest of the BRICS.
4. The fierce competition of gold and bitcoin as a store of value.
5. The influence of technical analysis with the beginning of a bearish phase in 5 waves.