USD Ascending Triangle 2.0U.S. Dollar Currency IndexTVC:DXYFOREXcomThe US Dollar has put in a strong bounce from the support looked at in my last DXY post and now price is back at resistance, holding bullish breakout potential in a formation very similar to what had built in late-February. For this to play through it would seem as though we'd need the BoJ to refrain from a near-term intervention, instead allowing USD/JPY to rally up to or beyond 161.95 and perhaps even the 165.00 handle. For USD-weakness, I think the backdrop in EUR/USD could be a touch more attractive at the moment as that pair works with support at the 1.1500 handle. - js The late-February ascending triangle in the USD: The pullback to support: