My first commentary on the US Dollar Index was June 10th where I instructed on 3 buy signals occuring at the same time.
1) RSI crossing above 50 thus entering bullish momentum.
2) ABC bottom pattern formation
3) Forming a bullish Andrew's Pitchfork (in blue).
As predicted earlier, price would find resistance at the major downsloping trendline, in which it has.
The bullishness of the 3 buy signals above is still intact and I anticipate price to boil through that trendline and beyond the "B" swing high.
Near term destination target is the Andrew's Pitchfork Median Line. That Median Line is acting like a magnet and drawing price upwards to it. This pitchfork should be drawn in your own chart!
