Dollar Index on the daily time frame looks like it's set for a free fall.
ADX shows a very strong bearish trend and Stoch Rsi still shows strong selling pressure. When you look at the price levels its just broken through a resistance and it seems to keep trading in the fresh downwards channel.
With this in mind, stay sharp on possible sell setups on the dollar pairs. Also look to buy JPY.
ADX shows a very strong bearish trend and Stoch Rsi still shows strong selling pressure. When you look at the price levels its just broken through a resistance and it seems to keep trading in the fresh downwards channel.
With this in mind, stay sharp on possible sell setups on the dollar pairs. Also look to buy JPY.