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diego.quevedosanchez

Disproportionate confidence in the dollar and bearish wedge

Short
U.S. Dollar Index (TVC:DXY)  
diego.quevedosanchez  
TVC:DXY   U.S. Dollar Index
Trend Analysis Beyond Technical Analysis
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trendanalysis beyondta
The DYX forms a bearish wedge on a one hour chart approaching maxima and weekly resistance again, the dollar's rise today is unjustified, since the macro data show deterioration of the US economy, totally indebted. The only reason for this disproportionate rise is the fear of commercial war and false security in the dollar.
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