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USD Index - Longer term pattern is Bearish awaiting validation!

US DOLLAR CURRENCY INDEX (INDEX:DXY)  
ForexTechTalk  
INDEX:DXY   US DOLLAR CURRENCY INDEX
Chart Patterns
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The USD Index has been 'coiling' and still churning to the upside but the rising wedge pattern is a bearish one. The FED meeting this week will likely inject a dose of volatility in the FX market that will result in the Major FX ranges to expand and provide decent trading opportunities. Big FED meeting on Wednesday.
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