DXY: H&S in daily ?

27 במרץ 2017

Not sure, but currently DXY is very close to a level which seems like a neckline ..around 99.11-99.20. But current level may be a bit stubborn to break (check the RSI). A sustained break will only confirm a possible H&S pattern formation, with target towards 94.80.

If this happens, then targets for EUR can be towards 1.10+. And can influence other major currencies like JPY& GBP too.