Last week we had a different descending trendline and was expecting a impulsive break of it. It failed to do that and instead created an ascending wedge which broke down, thus changing the placement of the trendline to what it is shown now.

This week I'll be looking for bear flags to short dollar - until the market shows an impulsive break upwards.
Chart PatternsdollarDXYEURUSDGBPUSDpatternsignalTrend AnalysisUSDUSDJPYWave AnalysisWedge

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