Another failed low, only way to interpret this is that were going to try for a new high.
Failed bearish Breakdowns Have Concequences.
I suspect the rise in dollar will be due to the fed raising rates to 10- then 15 then 20% over time.
Once wave 2 of inflation hits there will be no choice, and it will be worse politically than letting stock market crash (which they have been avoiding by keeping rates so low)
Failed bearish Breakdowns Have Concequences.
I suspect the rise in dollar will be due to the fed raising rates to 10- then 15 then 20% over time.
Once wave 2 of inflation hits there will be no choice, and it will be worse politically than letting stock market crash (which they have been avoiding by keeping rates so low)