DXY Re-enters ascending wedge for bearish future
Updated
DXY has re-entered the ascending wedge that was support. My best guess is that we bounce off the 50 day MA and re-test resistance at top of wedge and see further downside. We'll encounter the 200 day MA by around March 2022. Rate hikes are already priced into the cake.
Note
I'm tickled how spot on this is so far.
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