As I mentioned in my earlier Technical Analysis of DXY that Dollar is a global currency for all type of trades and DXY will touch almost nearly 100, that happened and we saw DXY on nearly 100. But in my recent Analysis I speculate that in the long run DXY will move downward as shown in the chart. Few fundamental elements are also included; that is over printing of dollar, foreign reserves affects, GDP growth rate, unemployment, terms with other countries, and thorough inflation rates. Moreover, in this world everything works on planning and this market is also planned, that fundamentals support technical and technical supports fundamentals. They create situations (Fundamentals) to move the market up and down.
On my opinion DXY will move down upto 92 in intervals.
On my opinion DXY will move down upto 92 in intervals.
