sugardaddyFED

Dollar trying to end the week green but...

FX:USDOLLAR   Dow Jones FXCM Dollar Index
31 0 1
- If wave count is right then the advance in dollar may soon revert back
- the RSI indicator has been very reliable to suggest a trend change so will keep an eye on the next overbought area here
- Indicator says perhaps bull should be cautious here
- this may apply to higher USD/YEN for a bit more but those swing traders may need further confirmation on the dollar breaking lower first
- perhaps accumulate shorts when we reach the overbought RSI ...
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