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DXY Wedge Trading
U.S. Dollar Index
Short
DXY Wedge Trading
By Cornhub
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Updated
Sep 25, 2023
8
Sep 14, 2023
Short Opportunity with Dollar or long opportunity with EU
This could be a retrace of the current DXY/EU moves
Dollar currently stuck in a wedge but I won't expect it to touch upper band
Targeting 100 pips and more
Stop loss sets if dollar breaks upper band of the wedge
Sep 21, 2023
Note
Trade remains effective, FED pull up provides a perfect confirmation for the dollar pullback. Again, it's just a pullback not a reversal
Sep 25, 2023
Trade closed: stop reached
Trend Analysis
Cornhub
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