TheSecretsOfTrading

DXY Showing weakness

Short
TVC:DXY   U.S. Dollar Index
It had a really strong up-run, but now it's showing signs of weaknes forming a down-curved channel at the top - ofcourse if it crosses the line it will spike to the above resistance, but from where I see it - it looks like it's time to lose this ascending wedge and correct a bit. Expecting a break to the downside soon. Possibly FED's meeting will be a trigger.



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