Ascending wedges have historically resulted in a bearish breakout a MAJORITY of the time, descending wedges have historically resulted in a bullish breakout a MAJORITY of the time.
The chart speaks for itself. We are over extended to the downside, expect upside soon if the DXY double tops or struggles to move above the 114 area.
The chart speaks for itself. We are over extended to the downside, expect upside soon if the DXY double tops or struggles to move above the 114 area.