stockpreacherman

USD Inverted Head and Shoulders

Long
stockpreacherman Updated   
TVC:DXY   U.S. Dollar Index
USD has been climbing like crazy so it's hard to believe that it's got a lot higher to go but I'm pretty sure it does.

Some T/A that supports this thesis is the inverted head and shoulders pattern on this 6 month chart which gives a short term target in a range that extends all the way to $110.
Comment:
Pattern confirmed.

I think the run up may continue.

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