US dollar devaluation hitting hard!

2020-01-16 16:00:58

An update from my previous my analysis! As seen in my chart, the trend is clearly down and looking very impulsive. Our third wave will soon be finished, which should give the dollar a little time to 'breath' before the final drop , which should take us to around 0.90$. This is a very nice short opportunity for swing traders that didn't get a chance to short this recent drop.
Not only is the dollar looking weak vs major pairs, but we can also notice that this dollar is very weak vs emerging pairs https://twitter.com/MisterBrunooo/status/1215066673826488320 https://twitter.com/MisterBrunooo/status/1209081823143383041