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jomplox
Mar 11, 2014 3:11 PM

Reversal on the US Dollar Long

Dow Jones FXCM Dollar IndexFXCM

Description

The dollar has found support just bellow its 2012 trend line. A rally has been announced by a morning star pattern supported by positive divergence on the RSI and Stoch.

Existing positions which benefited from a weak dollar should be reevaluated.
Have a nice trading week!
Comments
flibbr
Yup. Everything is lined up. Looks good for reversal for sure.
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