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110820 DOLLAR_INDX

by | Aug 11, 2020 | Dollar_indx | 0 comments

GCMAsia - DOLLAR_INDX
DOLLAR_INDX
DOLLAR_INDX
2020-08-11

DOLLAR_INDX, H4: Dollar index was traded higher following recent rebound from the support level 92.45. However, MACD which illustrate diminishing bullish momentum signal suggest the dollar to experience a short term technical correction towards back the support level 92.45.

 

Resistance level: 94.00, 95.70

Support level: 92.45, 90.70