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US Dollar Index (USDX) – A Sideways Market Waiting For Breakout
Stocks, Unit trusts, Wealth Management and Forex markets
29-03-2012, 12:53 PM
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The one
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Join Date: May 2000
Location: UK
Posts: 97,291
Potenza rep: 10
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US Dollar Index (USDX) – A Sideways Market Waiting For Breakout
The market has not been decisive with the direction of the USD so far in 2012, although there is some bearish bias. In the short-term we can say by looking at the 4H chart, that the USDX is trading down in a bearish channel after anchoring out of a bullish 
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