83% of retail investor accounts lose money when trading CFDs with this provider.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 83% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
GCMAsia - DOLLAR_INDX
DOLLAR_INDX
DOLLAR_INDX
2020-07-23

DOLLAR_INDX, H4: Dollar index was traded lower following recent breakout below the previous support level 95.70. However, MACD which illustrate diminishing bearish momentum signal suggest the dollar to experience a short term technical correction towards the back to the level 95.70.

 

Resistance level: 95.70, 97.55

Support level: 94.35, 93.15