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GCMAsia - DOLLAR_INDX
DOLLAR_INDX
DOLLAR_INDX
2019-04-18

DOLLAR_INDX, H4: Dollar index remain traded in a downward symmetrical triangle following recent rebound from the support level 96.45. Due to lack of momentum and signal from MACD, it is suggested to wait until further clear signal appear such as breakout above the top of the triangle of support level to attain further confirmation before entering the market.

 

Resistance level: 97.00, 97.60

Support level: 96.40, 96.15