Myst_FX
Short

Dollar Index Ascending channel hints for a move down

FX:USDOLLAR   Dollar Index
46 2 1
Note the Evening Star candle formation (Boxed in White) suggesting a further move down.

Ideal catalyst for this is a shocker NFP printout, breakout in the S&P 500             to the upside or the breakout in the Descending channel of GBP/USD             .

Related Ideas

Myst_FX
2 years ago
Nice bounce from the lows as expected. It takes three taps remember?!
Not until the Fat Lady sings! =)
Wonder what will be the true shocker now...
Hmm...
Reply
Myst_FX
2 years ago
and so it begins..
Reply
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