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yitiancai
Oct 20, 2017 9:34 AM

Wait for the head and shoulder! USD may rise in the longterm Long

Dow Jones FXCM Dollar IndexFXCM

Description

You can see two head&shoulder in the chart. For the frist pattern, it's the beginning bearlish trend of USDDOLLAR.Now, the price is out of the decline channnel,it means that the decline trend has already change ! And the MACD is above the 0 zone.If the head&shoulder bottom is formed ( it has not been formed yet!), the trend of USD will competely change! 12043 will be the key point!
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