The threat ahead- Analysis on a bigger time frame

It has been true that markets were mainly driven by USD weakness and strength for the last few years.
Dollar strength means mostly deflation for everything else, including Crypto as well.
This USD vs Euro graph is a bit concern for me.
On weekly basis, the parity is squeezing in a flat bottom triangle, and targeting sub .70 area, a the end on the long run.
Also in the mid term, it points to a USD strength, which will probably hurt major asset groups that are priced in USD.
If this triangle is not broken upside, most probably it will end up at 1.05 area .
Keep in mind that the chart is weekly and the target needs some WEEKS to be delivered.