USD Dollar Daily Chart Sideways Symmetrical Triangle Upward-Sloping Channels Inverted H&S

The dollar shows two upward-sloping channels, red and blue, and price is now at the bottom rails ready to bounce. At the same time, the pink sideways symmetrical triangle shows price at the apex and having to choose one direction or the other. The upside target is 83.5 and downside target would be 74.5. Note how the indicators are all lining out sideways as well with the chart not wanting to tip its hand to any great extent concerning price direction moving forward. The neon green inverted H&S is also important; a rupture of the 81 neckline to the upside would target 89. Projection is for a bounce off the lower rails of the blue and red channels, as well as a break out to the upside out of the pink triangle. Target is 83-84. Dollar up = commodities down = gold down = euro down = equities down. 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.