EURCHF formed a cup & handle pattern after a test of a key horizontal support.
I am looking for a bullish breakout of its neckline to buy the pair.
A daily candle close above 0.978 will confirm the violation.
A bullish continuation will be expected to 0.982 resistance then.
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Dollar Index formed 2 bearish patterns:
First, the price started to trade within a rising wedge pattern,
Then, a cup and handle formation was formed within its boundaries.
With a single 4H candle, the price violated both the neckline of the pattern
and a support line of the wedge.
I expect a bearish continuation to 105.45 now
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