The breakout of the wedge pattern in the chart formed a beautiful inverse head and shoulders pattern. The right shoulder is currently showing a bull pennant pattern to activate the head and shoulders. The measured move lines up nicely with next resistance. 
FXY
FXY 
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.