Trading-Capital

DXY Potential Breakout

Long
TVC:DXY   U.S. Dollar Index
Inverse Head & Shoulder pattern has formed on DXY. A breakout is on the verge.

If the dollar holds the breakout its bearish for equities.

If the dollar fails the breakout markets could continue to float up.
Comment:
Gold showing signs of weakness today could be an indicator that the DXY is likely to breakout to the upside.

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