Can Wedges Cause A Reversal?
Jan 07 2021
The US dollar has seen a mixed reaction in the last 24 hours despite higher stocks which erased some of the losses after Trump's protestors take over the senate chamber. I still think upside can be limited and that these early year flows can be reversed. There are potential ending diagonals on a different markets that can limit the upside.
But for now too soon to take any action on that picture; I want to see this week closing prices.
In video below I looked at EURUSD, DAX, SP500, USDJPY and GOLD.
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