DXY LOOKS LIKE IT´S ABOUT TO GO DOWN

٢٠ يناير ٢٠٢٢

Hey guys in the environment of the FED talking a lot, we have to step back and see what the charts tell us. In my opinion this is a clear rising wedge which is bearish pattern. We had one major breakout to the upside but this turned out rapidly to be a fakeout. If you technically have a fakeout to one side, the likelihood increases to actually really break to the other side :) Downside breakdown awaiting :D