DXY 23/08/22
DXY has been pushing to the upside for some time now. We had two fakeouts, but overall expecting it to break to the downside - specially with VIX reaching its target soon and probably reversing.
Indicators aren't looking good aswell - Trend Exhaustion and Highs&Lows really exhausted - expecting this wedge to break to the downside and retest the broken trendline at 102.5 area.
Indicators aren't looking good aswell - Trend Exhaustion and Highs&Lows really exhausted - expecting this wedge to break to the downside and retest the broken trendline at 102.5 area.
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