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Thomaswestw
May 22, 2021 5:19 AM

US Dollar Aims to Breakout from Falling Wedge Pattern Long

TVC:DXY480
U.S. Dollar Currency IndexTVC

Description

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The DXY index may breakout if price breaches above the Falling Wedge’s resistance line, with the 20-day SMA serving as a potential barrier beyond that. Rising MACD and RSI may help price pull away from the 90 handle to test resistance.
WedgeMoving Averages
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