US Dollar Ascending Triangle

FX:USDOLLAR   Dow Jones FXCM Dollar Index
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The FX:USDOLLAR             Index it at horizontal resistance. However, you can see that we are beginning to put in an ascending triangle . Typically you would look for it consolidate some more and bounce again off the trendline before breaking high. A break higher would put the target as the height of the ascending triangle . We talk about this in the Weekend Preview here:

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