DXY Is Still Attacking July Lows Within Final Wave Of The Wedge Pattern

Dollars, Currency, Money, Us Dollars, Franklin

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We talked about USDollar Index (DXY) already back on August 07, where we mentioned and highlighted an ongoing wedge pattern, which is still in play due to a slow summer range.

FX , and Dollar in particular, just can’t get out of the summer range yet. And despite so many things going on, we are still stuck, now testing the lower range, but the support can be out this week IMO Hopefully, CPI will make it happen. We are actually tracking final subwave (C) of 5 of the wedge pattern.

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DXY Is Still Attacking July Lows Within Final Wave Of The Wedge Pattern DXY Daily Chart