Currency

Outlook for the dollar

TVC:DXY   The U.S. Dollar Index
46 0 3
After bottoming out in May, the US dollar             has since rallied. However, with the velocity of its movement, I'm having doubts as to whether it is starting a new move to the upside to create new highs. Of course I could be totally wrong and the dollar will shoot to the heavens. For now, my proposal is that it will make one more move back down to complete a wedge pattern before going up. Hope this helps.
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