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dcm2020

RSI broke trendline: Suggests that USDOLLAR might go higher now

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Dow Jones FXCM Dollar Index (FX:USDOLLAR)  
dcm2020  
FX:USDOLLAR   Dow Jones FXCM Dollar Index
USD DJ FXCM Index Relative Strength Index (RSI) breakout breaking higher high fib Support and Resistance Trend Lines
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usd usdollar relativestrengthindex breakout breaking higher high fib supportandresistance trendline
Hi Traders,

The RSI on the USDOLLAR 4hr broke out the trendline which held the last 3 highs. This gives us the alert that USDOLLAR MIGHT go higher from here, which means that currencies against the USD will go down if USDOLLAR really gets pace here.
Also, my long term USDOLLAR is bullish which gives me a better view.

Thank you for looking!

Thiago Duarte
@thiagotrader
thiago@duarteinvestmentgroup.com
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