Ichimoku indicator analysis of USDX for July 3, 2017

The Dollar index remains in a bearish trend. There are signs of a possible upward reversal at least for the short-term, so Dollar bears should be very cautious. Blue lines – bearish channel Red line – resistance Price is inside a bearish channel. Price is trading below both the tenkan- and kijun-sen indicators. RSI (5) […]