Mihai_Iacob

DXY- A clear falling wedge

Long
TVC:DXY   U.S. Dollar Index
Since the beginning of May, USD was weak and dropped again under 90 figure.
However, the drop is not impulsive and the lows are marginal, forming a falling wedge on the lower TFs.
A break of wedge's resistance could lead to acceleration to the upside and we finally can have a correction on usd pairs

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