The DX1! US Dollar futures weekly chart suggests that it is about to explode upwards.
It is nearing the end of the falling wedge, and MACD just crossed up, with the RPM ready to turn upwards. Oddly enough, the candlestick pattern signals a conflicting stall though... hence, a strong event needs to happen, for a breaking and explosive move... UP
It is nearing the end of the falling wedge, and MACD just crossed up, with the RPM ready to turn upwards. Oddly enough, the candlestick pattern signals a conflicting stall though... hence, a strong event needs to happen, for a breaking and explosive move... UP
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