hmaroudas

USD Index - Falling Wedge

TVC:DXY   U.S. Dollar Index
A falling wedge occurs between two downwardly sloping levels. In this case the line of resistance is steeper than the support. A falling wedge is usually indicative that an asset’s price will rise and break through the level of resistance, as shown in the example below.

www.ig.com/en/tradin...needs-to-know-190514
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