USD STRUCTURE MAP ( NFP WEEK 13, March 28 2016)

Dow Jones FXCM Dollar Index (FX:USDOLLAR)

Updated

FX:USDOLLAR Dow Jones FXCM Dollar Index

What I'm looking at - Last week USD Bulls was able to find momentum until price re-tested The 4hour R1, 0.5% Fib Level & Trend-line which it failed to break. Since Then Price has rejected from that respected level, how ever i'm personally not convinced yet on shorting the dollar (not yet anyways) due to lack of bearish momentum, I will be using this map to watch closely on how USD will play out

Comment:

USDOLLAR - False Breakout, broke trendline but failed to break r1 and rejected 0.5%

Comment:

USD may have found support

Comment:

Level held as support and I'm current in some long dollar positions such as GU shorts, & EU Shorts

Comment:

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