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Fxprotrader
Jul 15, 2018 9:05 AM

Head & Shoulders at Resistance to Push US Dollar to the Down Short

U.S. Dollar Currency IndexTVC

Description

After a long term rally price has developed a head and shoulder pattern at a key resistance level. To be more specific the upper quartile of the median line in addition to revious structure create a key resistance where the pattern completes. We already may see a rejection candle at the right shoulder.
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