GCMAsia - DOLLAR_INDX

DOLLAR_INDX
2019-04-23

DOLLAR_INDX, H4: Dollar index remain traded in a sideway channel while currently testing near the resistance level 97.00. However, MACD which illustrate bearish bias signal with the formation of death cross suggest the dollar to be traded lower as a short term technical correction towards the support level 96.45.
Resistance level: 97.00, 97.60
Support level: 96.45, 96.10