US10Y yield rejected off top of the wedge pattern

Along with my base case for DXY, US10Y was rejected off of the top trendline of the wedge pattern. Seems like the likely path of least resistance is to head back to test the bottom of the wedge, which corresponds to the 0.618 fib level based on the crash in yields from 2020. Yield target would be 1.3% and, as I predicted in the related idea, to result in a rise of the DXY for the short-medium term (1-4 month). If yields breaks below the trend, and if economists continue to warn against stagnating growth, I'm still anticipating that the Fed will back step their position to reduce asset purchases and/or raise interest rates. In short, I think we could have a short-term correction in the inflationary trend, before we get a resumption in higher monetary inflation for the foreseeable future (aka long hard assets, short dollars for the long term).