US Dollar has broken out of a bearish rising wedge after a long negative divergence. Competition against the dollar is also finally ramping up and it doesn't seem like the dixie has priced that in yet. It then makes sense that the target for the wedge goes below a 7 month trend line.
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.