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GCMAsia - DOLLAR_INDX
DOLLAR_INDX
DOLLAR_INDX
2019-01-29
Resistance and Support Level Explanation
Resistance 95.60 H4
Support 95.05 H4

DOLLAR_INDX, H4: Dollar index was traded lower following prior retracement from the resistance level 95.60. However, MACD which display diminishing bearish momentum suggest the dollar to be traded higher as a short term technical correction towards the resistance level 95.60.

 

Resistance level: 95.60, 96.05

Support level: 95.05, 94.60