The
USDOLLAR
Index it at horizontal resistance. However, you can see that we are beginning to put in an ascending triangle. Typically you would look for it consolidate some more and bounce again off the trendline before breaking high. A break higher would put the target as the height of the ascending triangle. We talk about this in the Weekend Preview here: youtu.be/GGDo6Vx5p28
Please share your comments and ideas below.
Thanks!
USDOLLAR
Index it at horizontal resistance. However, you can see that we are beginning to put in an ascending triangle. Typically you would look for it consolidate some more and bounce again off the trendline before breaking high. A break higher would put the target as the height of the ascending triangle. We talk about this in the Weekend Preview here: youtu.be/GGDo6Vx5p28 Please share your comments and ideas below.
Thanks!