- US Dollar Index crashed below 74 Followed by the break of the neck line. Price also violated the support line of the Broadening pattern.
- Price has managed to come back into the broadening pattern .
- US Dollar index is showing a broadening top pattern and a possible head and shoulders pattern in its four hour chart.
- Breaking 77.064 is bearish and will bring the index to the bottom of the broadening top pattern, It will also mean a break of the Head and shoulders.
- If the index holds 77.064 Price will move towards the top of the broadening pattern.