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051219 DOLLAR_INDX-Noon

by | Dec 5, 2019 | Dollar_indx | 0 comments

GCMAsia - DOLLAR_INDX
DOLLAR_INDX
DOLLAR_INDX
2019-12-05

DOLLAR_INDX, H4: Dollar index was traded lower following prior breakout below the previous support level at 97.70. However, MACD which illustrate diminishing bearish momentum suggest the dollar to experience a technical correction towards the resistance level 97.70

 

Resistance level: 97.70, 98.20

Support level: 97.25, 96.85