DXY; buying opportunity

2015年4月18日

Having been being under heavy selling pressure last week, the Dollar Index showed some solid positive structural signals on Friday 17th of April as the CPI data improved; specially forming a clear bullish Head and Shoulders pattern in the lower boundary of a steep downward channel.

I favor breaking of neckline and eventually breaking of the smaller channel to the upside. Low risk buying opportunity.

Good luck!