Forexintelligence_NA

DXY is more likely to continue dropping further after correction

Short
TVC:DXY   U.S. Dollar Currency Index
I been following DXY for a while now and from my previous ideas on this, all my predictions had come true. What can we expect now? As I thought before that it would be more likely to develop some big bearish corrections and then drop down much further. Here I see a completed rising wedge that confirms that sellers will still continue pushing price further down. Before a push to the downside, we can expect some more bearish continuation corrections and then violate the wedge to the downside.

Right now we still need to be patient for price action to tell us what to do next.

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