actavis89

Dollar Index - Head and Shoulders

Short
TVC:DXY   U.S. Dollar Index
1D and 1w look ready for a retrace with bearish divergences.

4H has nice looking head and shoulders, not ideal but definitely valid.

If upcoming economic data tomorrow and friday (GDP, unemployment claims, core durable goods) misses the forecasts this would be a catalyst for the dollar to retrace some.
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