gurple

Where is the Dollar going?

INDEX:DXY   US DOLLAR CURRENCY INDEX
I don't know. But it does seem to be at a major cross roads.
I especially like how that long yellow parallel channel and the 38.2% fib retracement line up.
In a related USDOLLAR chart I noted a head 'n' shoulders topping pattern. When I went back to look at it again it bounced right off its expected measured move.

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