美元指數已更新 Dollar Strength Channel Revised and Intact 7/27/2020
Dollar strength at the monthly.
I looked into one of my mentor's charts. I had the wrong angle from 2011 all the time. I was charting it by the weekly. The dollar thinks in a bigger time frame. So I had to look at from a monthly. When I connected the candles from years ago together, it pointed to where the next support was on the dollar strength.
It turns out the dollar's 9 year uptrend is still intact. Hopefully, this bounce will bring back some volatility.
I looked into one of my mentor's charts. I had the wrong angle from 2011 all the time. I was charting it by the weekly. The dollar thinks in a bigger time frame. So I had to look at from a monthly. When I connected the candles from years ago together, it pointed to where the next support was on the dollar strength.
It turns out the dollar's 9 year uptrend is still intact. Hopefully, this bounce will bring back some volatility.
註釋
I will add that if this channel breaks below, this will lead to instability within the financial sector. Furthermore, inflation may skyrocket if the dollar doesn't bounce soon.
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