A bullish head & shoulders appears to be forming within the rising channel of the $USDOLLAR.
Comment:
The bullish setup appears to be developing. On strictly technical basis, the bullish movement should reach the height of the head which I believe is quite possible.
Trade closed: target reached:
Indeed the price reached the height of the head on H&S formation. A nice trade for the $USDOLLAR. Moreover good guide for associated pairs like $USDJPY or $EURUSD