DXY - Price within rising wedge (bearish flag) is approaching larger channel resistance.
Price has been leaning on wedge support for quite a while....
EURUSD and GBPUSD have touched major support levels (1.10 & 1.20)
Fed expected to continue interest rate cuts and initiate new rounds of QE. Central Banks dumping US Treasuries and buying gold. USD is facing a serious threat to losing reserve currency status.....
Price has been leaning on wedge support for quite a while....
EURUSD and GBPUSD have touched major support levels (1.10 & 1.20)
Fed expected to continue interest rate cuts and initiate new rounds of QE. Central Banks dumping US Treasuries and buying gold. USD is facing a serious threat to losing reserve currency status.....
