fernandoc17

Scary Falling Wedge at Dollar Monthly timeframe

Long
TVC:DXY   U.S. Dollar Currency Index
All fundamental news, Corona virus increasing massive across europe, how market is behaving lately, and all technical are setting up for one of the biggest recessions in history to happen, and we can see this at the dollar chart which is a clear falling wedge at my view, preparing for a massive move, we need patience, but it will happen, elections might trigger this move

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Means that EURUSD break the 1.2 before drop again ?
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thought of this a few days ago.US10Y is slightly moving up. Interest rates rising maybe?
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@fernandoc17 hmmm, and how about Gold ?? This Dollar falling wedge may invalidate ur last Chart on Gold. What say ??
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Excellen
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