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MIchaelTran
Sep 20, 2015 12:52 PM

Aproaching 200dma 

Dow Jones FXCM Dollar IndexFXCM

Description

This chart shows price paused above 200dma, in this rare case it's holding and act as support nicely, possibly bullish for usdollar.
Also rejection bullish candle on lower band is potential for an upswing.

Trade closed: target reached

Comment

baseline 26 days
Comments
MIchaelTran
MIchaelTran

a bit messive look of combination, price is above kijun and tenkan, bullish momentum makes 12 150 level seems possible.
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