
inverted head and shoulder pattern still valid on usdx 4h.Dollar need a healthy breakout above the 4h trendline to rebound strongly,while above 79.16. hold,dollar still supported by the bullish reversal inverted h n s pattern.A clear breakout above 80.40 is needed to supported this rebound toward 83.50..below 79.00 may dampen this scenario and breakdown that price may hurt the dolar toward 78.00

Above 1h chart for usdx,dollar is needed to breakout above 80.75 for more upside gaining toward 81.35 where the clear breakout above indicate the rebound is very impulsive and the price should be around 83.50 for the next target.if that happen it may bring usd/cad and usd/chf to the upside too while other cross usd like eur/usd,nzd/usd,aud/usd,gbp/usd and many more would be bearish.
ok do your own analysis too and gud luck;)


Just for study purpose .i wonder if dollar index would hit 78.00 again..if the support 78.00 taken out euro and pound may bring another high,possible 1.44---1.47 for eur/usd and maybe 1.69-----1.73 for gbp/usd.currently the support still hold the price.watch today if 78.00 hold,if not?
ok let take a rest for a while..take care.....
