Dollar Index Basket

Long

USDOLLAR Technical Bullish formation - H&S

Updated

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 or

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