DXY US Dollar Index 4hr Bearish Engulfing Candle at Resistance
4 Hour Chart
- As per the post from yesterday on approaching resistance, we now have this bearish engulfing candle at major resistance while most majors are at support
Outlook Trade opportunity
Short on a pullback with very small risk in pips.Good thing about this trade is on a Daily chart, RSI and MACD has negative divergence