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Fxprotrader

Head & Shoulders at Resistance to Push US Dollar to the Down

Short
U.S. Dollar Index (TVC:DXY)  
Fxprotrader  
TVC:DXY   U.S. Dollar Index
Trend Analysis Chart Patterns dollar_index medianline
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trendanalysis chartpattern dollar_index medianline
After a long term rally price has developed a head and shoulder pattern at a key resistance level. To be more specific the upper quartile of the median line in addition to revious structure create a key resistance where the pattern completes. We already may see a rejection candle at the right shoulder.
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