Tradeciety

Head and Shoulders on Dollar Index - heads up

Long
TVC:DXY   U.S. Dollar Index
4
The Head and Shoulders pattern on the Dollar Index is breaking higher!

The divergence right at previous support gave more context to the pattern.

At the same time, you can see other USD related FX pairs making a turn. No big news scheduled for today, so technicals will drive price.

I have been trading for 15 years!

> Trend Rider indicator: tradeciety.com/trend-rider-indicator/

> Free weekly trading webinar: www.tradeciety.com/webinar/

> Free blog: www.tradeciety.com/blog
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.