Pretty good looking falling wedge pattern forming in DXY for about the last 1.5 years.
In case upper resistance is reached and broken through, I will be looking for opportunities at around ~105.0.
And you heard me right, this setup would be a slaughter for stocks... DXY up, stocks down.
In case upper resistance is reached and broken through, I will be looking for opportunities at around ~105.0.
And you heard me right, this setup would be a slaughter for stocks... DXY up, stocks down.