USD Possibly Heading Higher

5 באוק׳ 2018

Hi traders, here we have a split screen of two DXY charts, weekly (left) & daily (right). Notice on the weekly chart price has possibly completed a right shoulder of what could potentially be a 12 + month inverted Head & Shoulders Pattern. While on the daily chart we have a completed failed Head & Shoulders pattern. Possible clues that Dollar could be heading higher in the weeks/ months ahead.