Rising wedwe in dollar, range scalps until breakout

U.S. Dollar Currency IndexTVC

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⋅ 4 Th04 2017 07:49

Dollar is forming a rising wedge, until a clear breakout appears, stay sidelines or scalp to the inside from the limits of the formation.

⋅ 5 Th04 2017 10:20

Dollar has broke down and now is sliding along the bottom line of the rising wedge. Better to stay aside from diagonal patterns like this.