ABDOLLAR_FX

Has Us dollar(dxy) strength Resumed?

Short
TVC:DXY   U.S. Dollar Index
We are currently analyzing a possible inverted head and shoulder which shows a reversal chart pattern that the previous downtrend might has ended and the the former uptrend may resume.

We expect a retracement to the neckline and a candlestick confirmation to trigger the buy order. Target is as shown on the chart and the ideal stop loss should be set below the right shoulder.

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