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algodynamix
Jun 13, 2022 11:28 AM

US Dollar - Extremely Bullish Looking  Long

U.S. Dollar Currency IndexTVC

Description

The US Dollar Index is looking extremely bullish with clear markets on the chart :
- Breakout since it went past 99/100
- Clear Cup and Handle formation on the Weekly and Monthly time frames
- Bullish W formation from 2018-2022
Are we looking towards 120 and 134 as medium to longer term targets?
What does this mean for the other currencies? EUR and GBP are already collapsing against USD....
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