Consolidated Dollar
Seems that the DXY is in consolidation mode and needs to breakout soon. Not sure if it will be fueled by an event, but somehting is going to initiate breakout soon. More likely to the downside as I'm predicting. Expecting price to drop to the downside of the wedge and can be possible that it breaks for a possible retest to go further down.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.