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GCMAsia - DOLLAR_INDX
DOLLAR_INDX
DOLLAR_INDX
2019-01-08
Resistance and Support Level Explanation
Resistance 96.40 H4
Support 95.75 H4

DOLLAR_INDX, H4: Dollar index was traded higher following prior breakout above the previous resistance level 95.75. MACD which illustrate bearish bias signal with the formation of death cross suggest the pair to undergo a technical correction in short term towards the support level 95.75.

Resistance level: 96.40, 97.15

Support level: 95.75, 95.25