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KlejdiCuni
May 19, 2023 12:37 PM

DXY | Rising Wedge Pattern - Bearish Correction Short

U.S. Dollar Currency IndexTVC

Description

DXY | Rising Wedge Pattern - Bearish Correction

it seems that DXY already reached a very strong and critical area.

Also, the talks about the debt ceiling will weight on DXY as well.

On the bigger picture, it seems that DXY will grow again but today we can
see that the market is not stable at all and this may create price volatility
in the market and corrective movement but also new trends.

So let's see what will happen today afternoon as we have Powell's Speech

Thank you and Good Luck!
Comments
LegionQ8
Agreed with your opinion, it's more than possible
UnitedSignals
Great charting style, thank you!
Tolberti
Objective outlook, thank you!
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