Dollar Index (USDX) Technical Update 29/1/2012 Engulfing Candle Triggers Lower

The dollar index bearish engulfing candle we highlighted last week has triggered strongly to the downside. This weekly timeframe candle came after the previous week printed a doji an earlier hint that the strong USDX upside move was running out of steam.
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This entry was posted on Sunday, January 29th, 2012 at 4:49 pm and is filed under Financial News. You can follow any responses to this entry through the RSS 2.0 feed.