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200519 DOLLAR_INDX-Noon

by | May 20, 2019 | Dollar_indx | 0 comments

GCMAsia - DOLLAR_INDX
DOLLAR_INDX
DOLLAR_INDX
2019-05-20

DOLLAR_INDX, H4: Dollar index was traded higher following prior breakout above the resistance level 97.60. However, MACD which illustrate diminishing bullish momentum suggest the dollar to experience a short term technical correction towards the support level 97.60.

 

Resistance level: 98.00, 98.50

Support level: 97.60, 97.05