USD US Dollar Index Weekly Chart Long Term Symmetrical Triangle

Dollar weekly chart shows a sideways symmetrical triangle vibe forming over the longer term. Thus, any shourt term bounce and upside for the dollar would easily have space to 82, and any downside to 76. Note how the MA's are starting to line out sideways which hints that the sideways movement will be a theme for weeks to come. The 200-week MA is sloping up now which is very bullish for the dollar.

Note that gap at 75 that was left behind; it will be surely visited again in the future but perhaps a lot further into the future than many traders currently realize. This information is for educational and entertainment purposes only. Do not invest based on anything you read or view here or any links connected to this information. Consult your financial advisor before making any investment decision.