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Dollar Index

22 March 2018 Marios Athinodorou

Technical Analysis


On the daily time frame, it could be noticed that the dollar index may continue to heading down. The fact that the price seems to be out of the cloud and crossing the lines Tekan Sen and Kijun Sen could be a clue to look for potential bear signals.

We could consider looking for potential bear signals if Tekan Sen crosses the Kijun Sen and enters in a "bear formation mode". Furthermore, we could check whether the Chikou Span line is out of the price and heading down.

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