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070519 DOLLAR_INDX

by | May 7, 2019 | Dollar_indx | 0 comments

GCMAsia - DOLLAR_INDX
DOLLAR_INDX
DOLLAR_INDX
2019-05-07

DOLLAR_INDX, H4: Dollar index was traded lower following recent retracement from the 60-MA line (red). However, due to lack of momentum and signal from the MACD, a breakout above or below the resistance and support level is required to obtain further confirmation before entering the market.

 

Resistance level: 97.60, 98.25

Support level: 97.00, 96.35