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Elektro-Analysis
Jun 22, 2022 2:32 PM

Head and Shoulders USD Index Daily  

U.S. Dollar Currency IndexTVC

Description

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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