DXY Forecast and Trade setup for the week ending 15th August, 2014
Weekly Chart
- Price action giving us a exhaustion candle at resistance
Daily Chart
- Fridays Candle was a bearish engulfing
- MACD is very close to crossing over
Hourly Chart
4hr Chart
- Broke the steep ascending trendline
- MACD Negative divergence
1Hr Chart- 1Hr chart shows our first Lower high and lower low swings
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