US Dollar Index - One last push to the upside?
The near double bottom sets its target to 100.89. Price broke the resistance without testing for any support at 98.66. There is further reaction to the trend line, which should ideally signal a test to 98.66.
If 98.66 does test for support, then 100.89 could be breached and perhaps the Dollar will set its eyes higher.
If price continues to rally, then 100.89 could likely be the final test before the Dollar weakness sets in.
Hopefully in the next week(s), we'll know what's in store.
If 98.66 does test for support, then 100.89 could be breached and perhaps the Dollar will set its eyes higher.
If price continues to rally, then 100.89 could likely be the final test before the Dollar weakness sets in.
Hopefully in the next week(s), we'll know what's in store.
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