Measured Retreat Squeeze Breakout

TVC:DXY   美元指数
Since beginning 2017 DXY has been in a measured cooldown period where the range was tightening. We have recently had a breakout to the upside of this measured retreat funnel. Contrary to many calling a top in the dollar, i believe it still has a bit to go. The movement may be choppy but target of 106 is very likely on the balance of probabilities.
Made that prediction 16 days ago:
TrevorWoosnam Simon_says
@Simon_says, Nice call. Yea i have been watching the 100 level for a while now. The under-performance in USD this year was a tad worrying but there are too many supporting factors for the run to continue at this point.
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