Update: UUP takes out $24.10 price target

Below is my post from February 9: UUP Near Term Price Target of $24.10. At this point, higher prices are likely, but I do not have any target. The downside on the euro and FXE is much clearer, at $1.25 for the euro and around $125 for FXE.
I'm slowly working my way through technical analysis study. Head and shoulders patterns are easier to spot than most, and I think I see another one here in UUP. If my reading is correct, then UUP should breakout to about the $24.10 level, which would match the percentage move from the neckline to the top of the head.

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