Potential Head and Shoulders for the USD

Wait 5 sec.

Potential Head and Shoulders for the USDDollar Index BasketFX:USDOLLARNukeTradingThis pattern has been forming on the daily for a while. Still not confirmed with some choppy action so await confirmation of a break to the neckline before shorting USD. However, a coincidence or not, we have some significant US economic reports GDP, unemployment, and PCE. If the numbers underwhelm then we could break bearish.