USD INDEX Head & Shoulder with Fib Retracement Confluence
The head and shoulder pattern formed has confluence with 0.618 Fib Retracement at 92.62.
If price breaks through the 0.5 Fib at 93.09, it will go to 0.618 Fib Retracement at 92.62.
Once it broke that level, it could go down sharply to 97.93.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.