DXY: 4-hrly Head & Shoulder

Updated
Will be used in alignment with my trading for FX pairs in the U.K. and U.S. sessions tomorrow. Should this break and a new higher-high achieved, My upside target will be 98.5

21:52:22 (UTC)
Thu Jun 25, 2020
Note
Remaining at a cross-roads, with less than 30 pips of movement for the last 24-hours of trade.

A potential catalyst fundamentally could come U.S. inflation numbers at 1230 UTC.
Note
right shoulder broken, looking for a break of 97.7 to have an official long bias.
DXYEURHarmonic PatternsTechnical IndicatorsSPX (S&P 500 Index)S&P 500 (SPX500)Trend Analysisus500USDUSDCADUSDCHFUSDJPY

Related publications

Disclaimer