Dollar Index BasketShort
USDollar Bearish Outlook
As Shown On A Daily Chart USDollar Looking Extremely Bearish
A Double Top Has Formed At A Key Level Of Daily Resistance
The Upwards Trend Line Has Been Tested 3 Times Already (Smart Money Would Pause Aggressive Buying After Third Touch)
A Break Below Expected
Furthermore Price Has Broken Below the 20 & 50 MA
Oil Is Also Looking Very Bullish (Which Furthers My Confidence In Dollar Fall)
It Would Be Suggested To Stop Buying The Dollar In Any Forex Pairs You Are Currently Watching/ Actively Trading (Unless You Are Buying Against The Dollar Then Continue)
A Double Top Has Formed At A Key Level Of Daily Resistance
The Upwards Trend Line Has Been Tested 3 Times Already (Smart Money Would Pause Aggressive Buying After Third Touch)
A Break Below Expected
Furthermore Price Has Broken Below the 20 & 50 MA
Oil Is Also Looking Very Bullish (Which Furthers My Confidence In Dollar Fall)
It Would Be Suggested To Stop Buying The Dollar In Any Forex Pairs You Are Currently Watching/ Actively Trading (Unless You Are Buying Against The Dollar Then Continue)
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