DXY Perfect Sell on the 1day MA50

The Dollar Index hit yesterday the 1day MA50 after it first started its long term downtrend and today the price reached the top of the Channel Down pattern. So far the price is reacting in the expected technical way, a rejection at the top. As long as it holds, it is a perfect sell entry. Expected target a -4.25% fall at 99.600.


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Chart PatternsdollarindexDXYTechnical IndicatorsTrend AnalysisUSDDJ FXCM Index

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