US Dollar Forecast Q2 2022
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, 04-18-2022 at 12:59 PM (462 Views)
It is difficult to tell what role the Dollar will play in the global financial system heading into the second quarter of 2022. On the one hand, traditional risk assets have held back the tide of a more prolific collapse while interest rate expectations have exploded higher. Alternatively, there exists a growing din of concern that markets have over-reached in the post-Great Financial Crisis run and a necessary ‘de-risking’ has yet to occur.
Daily Dollar Index chart is located in the bullish area above 200 SMA by crossing 100.52 resistance level to above for the primary bullish trend to be continuing. Alternatively, the daily price will be on secondary ranging within the primary bullish trend waiting for direction.
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