If these trend & resistance were broken with high volatility, we may see a great move of dxy towards ~105.3.
I will update you with any updates regarding long & short positions. Stay tuned !
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Good luck!
TVC:DXY
Wedges are reversal patterns. A clear downward-sloping channel is interrupting a slight uptrend, so, on a breakout, we will take a bullish position. Conditional on high volume, our price target is half the height of the wedge, With a height of 7.70, the height of the breakout will be 3.85 above the upper trend line at the point of penetration. We are watching to...
