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GCMAsia - DOLLAR_INDX
DOLLAR_INDX
DOLLAR_INDX
2019-05-08

DOLLAR_INDX, H4: Dollar index was traded flat following recent retracement from its high level. However, due to lack of momentum and clear direction from MACD, it is suggested to wait until further clear signal appear such as breakout above the resistance level 97.60 or below the support level 97.05 before entering the market.

 

Resistance level: 97.60, 98.00

Support level: 97.05, 96.45