The Dollar Index DXY

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The Dollar Index #dxy has remained in a falling Wedge since November 2022 - 8 months!

This has given a rise in market capitalisation in Stocks and even speculative assets like Bitcoin.

The falling Wedge will Rise!
DXY current: 100.2
Up resistances: 102.4, 105.3, 107.5
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DXY has begun its rise!
Up resistances: 102.4, 103.8, 105.3, 106.4, 107.5
Current Price point: 101.3

If #dxy cannot stay support at 101.2 then a retest of 99.8 is probable.
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DXY currently finding rejection at angled resistance above.
Up resistance 102.4 hit

A retrace is expected to try for higher targets
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DXY currently breaking out of falling wedge...
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103.8 breached...
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105.3 breached
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106.4 breached
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