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US Dollar Index Technical Breakout (Chart)
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pr trading
Posted 9/24/2014 09:46 (#4091174)
Subject: US Dollar Index Technical Breakout (Chart)


The chart below is a weekly chart of the US Dollar Index.

The chart shows a weekly Head & Shoulders breakout pattern in the US Dollar Index.

The pattern target equals an approximate 23% appreciation in the US Dollar versus other world currencies.

This setup is long-term bearish for all US Dollar based commodities.

Good Luck!

 



Edited by pr trading 9/24/2014 09:47
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