USD Ascending Triangle, Bullish for Q4
The US Dollar has spent most of the year mean reverting but given this week's FOMC + the technical backdrop are both pointing higher.
the 2021 high is at 93.73 and we're already running into this year's resistance zone. The higher lows that have printed of late combined with that horizontal resistance make for an ascending triangle.
Bullish.
the 2021 high is at 93.73 and we're already running into this year's resistance zone. The higher lows that have printed of late combined with that horizontal resistance make for an ascending triangle.
Bullish.
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