Dollar coming down towards the lower trendline of the bearish rising wedge. A break down could be ugly, like what crude did last week.
Note
An overthrown has occurred. This is the last chance for the wedge pattern to be in play.Note
Back into the wedge pattern. Potential mega reversal coming.Note
DXY now back into the wedge pattern and drifting lower. Perhaps JPY and GBP will do the heavy lifting before EUR catches up for the final blow.
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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.