US30USD Market Decision

This index has being forming a rising flag for the past few weeks, and it has retested the upper trend line of the flag. Considering that this might be a strong indicator for a bearish momentum, we have to wait for the next candle stick to confirm our position since there is a doji candle stick, which indicates market indecision.

My bias is the bullish momentum will continue if the next candle stick closes above the current one. A more detailed analysis will follow using a shorter time frame.