JohnFortune

USD Index - Inverse Head & Shoulder Breakout

Long
ICEUSA:DX1!   None
The USD Index confirmed the breakout of the Inverse Head & Shoulder pattern last week clearing the way for further advances towards the 93.635 and 94.630 areas of resistance to the upside. A re-test of the broken resistance area of 92.565 turning support would provide a great area to look for long opportunities. Advances in the USD Index should drive USD Strength across the board next week.
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