DXY is hitting resistance of massive broadening wedge. Big move

US DOLLAR CURRENCY INDEX (INDEX:DXY)

Updated

INDEX:DXY US DOLLAR CURRENCY INDEX

Wedge DXY wedgebreakout wedgepatterns Broadening Wedge

wedgepattern dxy wedgebreakout wedgepatterns broadeningwedge

The

DXY is hitting resistance of massive broadening wedge. Big move up or down coming.

If it closes above the wedge line, look for it to climb higher.

If it can't break through, look for it to retest the bottom of the wedge.

If it starts to fall, stocks and Bitcoin will rally.

QQQ

Trade closed: target reached

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.