DXY second throwback retest of 11 month resistance breakout
DXY cannot be suppressed any longer, 2nd retest being performed now on the breakout.
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Here is a better paint up with explanations. The more times the breakout is re-tested and confirmed, the stronger the eventual move up will be!
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Just keeps getting better, I just noticed the bullish falling wedge structure.
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Rough, suppress that dollar at all costs, but market's still going to sell off and yields are still going to rise.
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Bouncing of throwback.
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A close up zoom of the minor falling wedge.
