Dollar rejects upper limit of the wedge pattern
Updated
On the 4Hours timeframe, dollar index reached my target for yesterday around 92.85 points and clearly rejected the upper limit of the rising wedge pattern formed.
My technical bias for the dollar index during today is bearish from current levels to target the previous point around levels of 92.40 and - if cleared - will next target levels of the lower limit of the wedge along with the support 92.20 points
My technical bias for the dollar index during today is bearish from current levels to target the previous point around levels of 92.40 and - if cleared - will next target levels of the lower limit of the wedge along with the support 92.20 points
Trade closed: target reached
Both targets hit at 92.40 and then 92.12
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