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220120 DOLLAR_INDX

by | Jan 22, 2020 | Dollar_indx | 0 comments

GCMAsia- DOLLAR_INDX
DOLLAR_INDX
DOLLAR_INDX
2020-01-22

DOLLAR_INDX, H4: Dollar index was traded higher while currently testing near the resistance level 97.35. However, MACD which illustrate bearish momentum signal with the formation of death cross suggest the dollar to experience a technical correction towards the support level 96.95.

 

Resistance level: 97.35, 97.80

Support level: 96.95, 96.45