Forex Dollar Index Trading Strategy
The US Dollar Index is an average of the US Dollar in all the currency pairs that have USD in either the Base Currency or the Quote Currency (i.e. EUR/USD, GBP/USD, USD/CHF, USD/JPY, AUD/USD, USD/CAD, NZD/USD). The Dollar Index has its own chart and can be traded just like any pair. Most importantly, the Dollar Index can be used as an additional confluence to trading the major 7 pairs as listed above. Additional Course Content Explained: Double Top Reversal Patterns and Double Bottom Reversal Patterns.