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MarFx
Apr 8, 2016 5:25 PM

US Dollar Bearish Trend! Short

Dow Jones FXCM Dollar IndexFXCM

Description

The Dollar Index is in a Bearish trend as:
1) I see a Bearish Divergence
2) The Dollar Index has broken the T1 and T2 uptrend lines
3) Have form a Bearish Engulfing candlestic pattern (signal to go short)
4) Have a MACD bearish momentum
5) The RSI indicator tell the market is in downtrend

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