WCUUSD and dollar index
Looking at WCUUSD, we can track the dollar index in another way. In essence, WCUUSD represents the dollar index, but the oscillations differ in some situations. Here we see that in August last year, we had a very unstable dollar behavior, which is not visible on the classic dollar index chart. Perhaps WCUUSD gives us a better insight into the potential trend of the dollar. Based on the current picture, we can conclude that the dollar will continue to rise.
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going fine 😉
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