US Dollar Aims to Breakout from Falling Wedge Pattern
The DXY index may breakout if price breaches above the Falling Wedge’s resistance line, with the 20-day SMA serving as a potential barrier beyond that. Rising MACD and RSI may help price pull away from the 90 handle to test resistance.
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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.