Everyone is watching the falling wedge on DXY. I agree it looks like a wedge, and my own upside target longer term is 108. However I fail to see what is going to cause the wedge to end and an upside breakout to occur. The French elections on May 7th might provide a trigger if Le Pen gets a surprise win, and I suppose there's a possibility of conflict with North Korea. But economic growth in America has weakened slightly, retail and car sales are declining, so there's less pressure on interest rate rises. Yes, the wedge looks like a good idea, but I simply can't see any logic for it to resolve on the upside at the moment.