Hedge_Of_The_World

Dollar Breakout or (Yet) Another Wedge Rejection?

Long
TVC:DXY   U.S. Dollar Index
The Dollar (DXY) is on a tear today. We're up over .50% on the day and we look poised to retest the wedge as resistance once again. Will we see a breakout here, finally? That would only mean one thing, folks, risk sells off heavily. Let's see how the week shapes up with the Fed minutes tomorrow potentially revealing a taper schedule to begin as early as October...
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