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RCHG0LD_

Violent swings ahead?

US Dollar Index (CAPITALCOM:DXY)  
RCHG0LD_ Updated   
CAPITALCOM:DXY   US Dollar Index
Head and Shoulders Gartley Support and Resistance
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headandshoulders gartleypattern supportandresistance
It feels like we could see a retest of the middle or the bottom of
the channel soon, before a move in the other direction with the
resistance overhead.
Comment:
I am looking clearly looking at 102.1 - 103.78 area as support so under that forget it it can and will for sure keep going that way.
Comment:
It was sure that if the support was broken the price would fall and with that CPI reading I am not surprised it fell this low.
Comment:
The red trendline has allready been reached from what I can see in other brokers charts. This could be bullish for the US Dollar Index.

--Not financial advice.--
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