A bullish head & shoulders appears to be forming within the rising channel of the USDOLLAR.
Comment
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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
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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