The DXY right now seems to be completing the end of wave C. The wedge formation is now visible. I am expecting a rally upon breakout of the wedge. A bullish divergence can also be seen on our MACD, indicating a possible short term reversal for the Dollar.
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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.