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Cornhub
Sep 14, 2023 6:11 PM

DXY Wedge Trading  Short

U.S. Dollar Currency IndexTVC

Description

Short Opportunity with Dollar or long opportunity with EU

This could be a retrace of the current DXY/EU moves

Dollar currently stuck in a wedge but I won't expect it to touch upper band

Targeting 100 pips and more

Stop loss sets if dollar breaks upper band of the wedge

Comment

Trade remains effective, FED pull up provides a perfect confirmation for the dollar pullback. Again, it's just a pullback not a reversal

Trade closed: stop reached

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