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2 years ago

USD Breakout

This trade has been in play for several months, and looks to make significant further gains.
The weekly chart of the USD Index shows a major cup and handle pattern with the initial breakout in September this year.
Last night the USD Index broke above the 2010 high from a short consolidation pattern.  Any retest of this level would be very bullish.
EUR  approaching breakdown at 1.2150
Long USD Short AUD and EUR…….

DXY