LewisGlasgow

DXY - Head and Shoulders

TVC:DXY   U.S. Dollar Index
Following up from my previous post when the U.S Dollar returned back into a very important ascending channel (chart is shown below). Price has now bounced off the trendline and returned back to its original support level.


As shown price has now formed a valid head and shoulders pattern and the neckline forms on a crucial level of daily of support!

If you have any additional analysis feel free to share it below.

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