DXY possible Ab=CD

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Alright guy, what I am trying to imply here is the possibility of the formation of a "Falling Wedge" bullish continuation pattern. If that is to happen, we shall continue to see bulls over-powering bears and following the design of an AB=CD pattern. If that is to happen we will see the breakout to D point but until that breakout occurs we wait otherwise we continue to our assumption of retesting 104.6.
To follow this idea we need a clear breakout of that upper resistance of the falling wedge, then we shall know about the position of C. And from C we can determine the target using the formula followed by AB=CD.

Note: If the breakout occurs from this falling wedge, it would imply that precious metals will continue bearish to lower targets!

Best of luck, Be patient, happy trading!
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pattern invalidated
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It was apparently a false break low so we continue to the Ab=CD
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We are on a brink of a break high and with that Solid hammer on Daily it could be a possibility that we can finally identify our C as 107.3, But we must wait for a break out which we might possibly see on Monday 29-08-2022
AB=CDdxyanalysisSupport and ResistanceTrend AnalysisUSD

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