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010419 DOLLAR_INDX

by | Apr 1, 2019 | Dollar_indx | 0 comments

GCMAsia - DOLLAR_INDX
DOLLAR_INDX
DOLLAR_INDX
2019-04-01

DOLLAR_INDX, H4: Dollar index was traded higher while currently testing near the resistance level 96.80. However, MACD which illustrate diminishing bullish momentum with the starting formation of death cross suggest the dollar to experience a technical correction in short term towards the support level 96.20.

 

Resistance level: 96.80, 97.15

Support level: 96.20, 95.70