U.S. Dollar Index

Long

DXY Long

Updated

We can see a huge wedge formation in the DXY. A correction to the 23 retracement is within the realm of possibility. When do I see this coming? Well, as soon as the inverted SHS formation is validated in the smaller time frame, with the exact target of the 23 retracement.

Note

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we saw the breakout

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Moving into the direction of the target.

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Decision time. If the support holds we will see upside pressure.

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If we break 90,03 the pattern is invalid.

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structure broken

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