The US Dollar index
is setting up a possible Inverse H&S
, which if confirmed would target 81.60. Current resistance is near 80.62, and is strong, which we would need to see a close above for confirmation of this move. Notice that RSI
is currently diverging, but there is trendline
support near 80.30. Until we see confirmation that this setup is in play, this is just something to keep an eye on.