SheldonG

DXY / Daily / Rising Wedge

Short
INDEX:DXY   US DOLLAR CURRENCY INDEX
There is a potential rising wedge pattern forming at a structure zone which if broken to the low side could see the Dollar Index go down to the 93.213 and if that level is broken down to 91.737.

The index is also showing some bearish momentum on the RSI after an overbought period that could double up on my analysis of some sort of bearish move.





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