US Dollar Index, Long-term speculation.
At the first point, we have the bullish trend line which has rejected the index up 3 times, and I'm not expecting it to break this time either.
So my primary scenario is the blue structure, perhaps a little bit different formation...
Breaking the trend line (also bottom of the wedge) here will turn it to strong resistance and we will possibly see something similar to the red structure after.
As you know this may affect all USD pairs. Gold, Cryptos and ...
So my primary scenario is the blue structure, perhaps a little bit different formation...
Breaking the trend line (also bottom of the wedge) here will turn it to strong resistance and we will possibly see something similar to the red structure after.
As you know this may affect all USD pairs. Gold, Cryptos and ...
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