happel

DX bulish upside target

ICEUSA:DX1!   U.S. Dollar Index
18 2 1
DX             breakout from Inv. H&S bottom on Monthly chart.
The implications of this chart for all the other major currencies is dire. I was looking for 90! We have only just begun...
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This is just my long term view of this particular market. No more QE should keep USD trend up perhaps for a while, IMO. A big 61.8% Fib confluence at that 102 level as well on this Monthly view (not shown.)
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