Description
⋅ After a significant growth, price has started a correction phase in the form of an ascending triangle pattern.
Currently, price is still bouncing in the triangle and moving towards the upper side of it.
Usually, ascending triangles which are made of steady highs with higher lows, broken to the upside and increase the price.
We should wait for the breakout first, then candle closure above the pattern to be more confident about the growth on the US Dollar Index.
What do you think about DXY?
Feel free to share your ideas in the comments.