DXY - POTENTIAL DIAGONAL PATTERN/ RISING WEDGE
DXY looks like it may be forming either an ending OR a leading diagonal here. Larger wave counts and analysis suggests the potential for this to come much higher, but locally, if we fail to break above this previous resistance (which is also the 200.50 EMA Cross zone, it might not make it there.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.