DXY US Dollar Index 4hr Bearish Engulfing Candle at Resistance -

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

Risk Level LOW -

Tips -

Always take note of any economical news event on our provided calender below