After the very nice uptrend of the last months, Dollar gives a short term alarm.
This one comes after the breakout of the trendline. The last support is the flat of daily SSB at 109.73 points. This first alert signal show a weakness in the dollar bullrun, with momentum that diminished since last week.Also the cross of the daily MACD confirmed the loss of strenght. A real bearish signal will be given by a comeback below daily Cloud, that could trigger a more important retracement to come.
An invalidation of this signal would be given by a comeback above the daily cloud with momentum. So a breakout of the 112.20 points.
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