Loading ...Otavio (Tavi) Costa
@TaviCosta
I would argue this is the most important technical chart right now.
The dollar index is currently at a critical juncture, retesting two major resistance levels simultaneously.
Compelling macroeconomic factors suggest this index is nearing a historic peak, as the Fed faces the dilemma of needing to reduce interest rates faster than other central banks to address the rising debt-servicing burden, even amid persistent inflation.
I certainly share this view.