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Hedge_Of_The_World

Dollar Rejection (Again) at Wedge Resistance

Long
Indice devise Dollar U.S. (TVC:DXY)  
Hedge_Of_The_World  
TVC:DXY   Indice devise Dollar U.S.
Trend Analysis Chart Patterns Technical Indicators DXY dollar VIX CBOE Volatility Index UVXY SPDR S&P 500 ETF (SPY) QQQ IWM DIA US10Y
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trendanalysis chartpattern indicator dxy dollar vix uvxy spy qqq iwm dia us10y
After this morning's insane inflation print (YoY CPI of 5.4%), the Dollar (DXY) is being heavily bid (again). We just saw a rejection at the wedge this morning for the 4th time in a month. It's been a bumpy ride, but if the wedge is recaptured on broader market weakness, our 2H target remains 95+...

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