Elektro-Analysis

Head and Shoulders USD Index Daily

Elektro-Analysis Updated   
TVC:DXY   U.S. Dollar Index
I have been looking at this for a while due to the fact that i trade my local currency quite often against the USD.
During this analysis i have realised a head and shoulders pattern formation.

Is this due to the rising Gas and Oil price?

Oh well, if the precious Metals recover a bit, i think the dollar might give us a break and fall into the head and shoulders pattern.

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Elektro Analysis
Order cancelled:
price shot up...now, USD getting stronger.

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