TradingView
Hedge_Of_The_World
Aug 17, 2021 2:46 PM

Dollar Breakout or (Yet) Another Wedge Rejection? Long

U.S. Dollar Currency IndexTVC

Description

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...
More