WaveSavvyTrades

Triple Top with broken neckline

Short
TVC:DXY   U.S. Dollar Index
The dollar index seems to have formed a triple top. After the weak print in the CPI and employment data, the neckline of the triple top was broken. More weakness in the dollar index is expected at the very near term. This could indicate a bullish bias for major currencies against the dollar in the near term.

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