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SuddenFX
Oct 22, 2015 6:13 AM

USD Daily Rising Wedge - 50/100MA Death Cross approaching. Short

Dow Jones FXCM Dollar IndexFXCM

Description

Dollar looks like it's pulling back for the final time before a massive sell off. Contrast rising wedge on USD with falling wedge on EU.

Comment

Breakout upside on rising daily wedge. Only in America!

Guess this just goes to show the central banks are manipulating the FX markets by dumping their holdings back and forth to keep it from collapse.
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