USD Index - Longer term pattern is Bearish awaiting validation!

١٧ يونيو ٢٠١٩

The USD Index has been 'coiling' and still churning to the upside but the rising wedge pattern is a bearish one. The FED meeting this week will likely inject a dose of volatility in the FX market that will result in the Major FX ranges to expand and provide decent trading opportunities. Big FED meeting on Wednesday.