Ichimoku cloud indicator analysis of USDX for January 26, 2018

The Dollar index has reached our 88.50 target and bounced strongly towards 89.50 yesterday. However, the resistance is very strong there and we have rejection signs. Trend remains bearish as long as price is below yesterday’s lows. The Dollar index remains below the 4 hour Kumo (cloud). Trend is bearish. Price is testing the 4 […]