The dollar index
moved nicely and showed a trend continuation invalidation set-up. A triangle was unfolding which is a common consolidation pattern, however it broke out the other way. Therefore I'm looking for a move towards 98 again. Below you can see my previous post of a month ago and that is still valid although it is very likely that we are seeing a leading diagonal
on the 4 hour time frame by means of a 3-3-3-3-3 pattern. I will therefore be looking for a consolidation towards the projected zone for a buy opportunity.