Marenno
Short

USDOLLAR index weekly review, trading plan for an upcoming week

FX:USDOLLAR   Dollar Index
37 0 1
Indeterminate direction of price as no clear signs has been given by the last quarter closure.
Last Quarter's close is above 5MA what gives a bit more power to bullish signals
Currently none of the major chart patterns appears (Quarter)

On a weekly chart we have a bearish chart pattern
Divergence with a current oscillator confirms the reversal pattern on a weekly chart, what gives support to momentum traders, and can possibly give a momentum to the price movement.

Will look for a bearish short term entry setup (based on weekly chart, this type of trade will be left open for a few days) at around 12050
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