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

Before and after view on AUDUSD trade

Before and after view on AUDUSD trade

Just playing with my new iphone app for photos here. So sharing a trade i did

50 pips on this breakout trade in a few hrs. I also closed another trade whichh i shorted few days ago.

 Choose the right pair to short against the strong us dollar and the odds are in your favor!