Daily H&S pattern for the USDi
This might be a bit of a stretch, but it's apossible path for the USDi. Something to consider is H&S patterns are high percentage reversal patterns.
Note the USDi might have some housework to finish off to the right shoulder (maybe a changeover gap at 8280) for the next week or two, but lower is then likely.
The second half of Sept could be bumpy, the first week in Oct looks likely to clear upwards for other affected assets.
Puts some technical behind the fundamental. First target is 78 once 81 breaks.
USDI - daily larger H&S![]()
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Daily H&S pattern for the USDiThis might be a bit of a stretch,...
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