NEUTRAL ON USDCHF (DOLLAR IS NO WHERE TO BE FOUND)

٤ ديسمبر ٢٠٢٠

The proposal for a stimulus bill is otw, however, if they decline the incoming bill. DXY May become bullish for a while. Dont forget the FED specifically stated that it wont raise rates until 2024. Lower rates means bad for the dollar. Looking into a weekly timeframe, it has reached an area of supply, it may retrace a bit before going down or breaking that level to become bullish.