luna_capital

Long term falling wedge

Long
TVC:DXY   U.S. Dollar Index
The dollar is continuing its move higher after a few years of consolidation , on the long term chart you can see that a very large falling wedge had been created which begun in the 70s and this could be indicating a large reversal in the dollar.

This also suggests further downside for asset classes in my opinion as a risk off trade.
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