@danta_master brother just from fundamentals dollar can not go way up anymore :/ few jumps but this goin wqy down, last ruse hikes is same like the one before - priced in.. last one, then we stabilize, means countries leaving dollar, plus the yuan thing .. thats suicide, but have a green one mate
thecryer
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@quickodicko, 100% right.
jake1fx
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Even all the predictions and predicting very, very hard dump through april.. its not like 30% up 70% down, its more about how down it will go, im just saying what i catch up from scanning web
thecryer
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@quickodicko, if DXY goes too high. it will compress all countries money/transactions/exports/imports/etc, then they will just leave trading it. u got it.
jake1fx
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@thecryer i still hope for up move in few hours, im in small risk short 😂😂 have a great one guys (gimme likes please, i want chat haha)
CuzDelux
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@quickodicko, Short term, like through mid April, Dxy will rise in an ABC, but might only reach 103-105...maybe even 107, but then it will spend the rest of the year getting down to low low 90s, to test 89.624. IF it does not breach 89.624, then over the next 40 years it could go to the 2-300s. Yes, that is right, so OP is probably right, long term and short term, but mid term, Holding DXY is suicide. Still! I am long on DXY, right now through mid-April, maybe into early May and I think we get a run up to 103-107.