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since Mar 8, 2016
trendanalysis
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DXY stuck in this wedge formation, unlikely to see a breakout unless significant news comes in.
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Price reaching demand, but mainly because of the fact price is moving sideways a push to the upper range is likely in my opinion.
1
Inverse H&S pattern. Previous high broken signalling a potential change in trend.
1
Demand with strong fib .5 fib rejection. Longer term is bearish however small pullback could be a nice place
2
DXY 618 completion pointing to further bullish momentum towards fib extensions.
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