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sugardaddyFED
Apr 29, 2016 1:14 PM

Dollar almost at capitulation mode? 

Dow Jones FXCM Dollar IndexFXCM

Description

- often we see broadening formation
- repetitive patterns since 2015 as price action continue to chop inside the range
- a potential support zone approaching but fail that then 100 weekly MA is the next support which coincide with the downtrend line
- Daily RSI is diverging heavily but price still adamant

Comment

Capitulated and POW higher
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