USD index DXY bearish
USD index price crossed below neck line of head and shoulders that gives us 2 scenarios:
1- Stall into target that is the price range between head and neck line
2- Get stuck in an ascending wedge (between neck line and trend line) until it retests all levels and then break down
1- Stall into target that is the price range between head and neck line
2- Get stuck in an ascending wedge (between neck line and trend line) until it retests all levels and then break down
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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.