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250719 DOLLAR_INDX-Noon

by | Jul 25, 2019 | Dollar_indx | 0 comments

GCMAsia - DOLLAR_INDX
DOLLAR_INDX
DOLLAR_INDX
2019-07-25

DOLLAR_INDX, H4: Dollar index was traded higher following prior breakout above previous resistance level 97.00. However, MACD which illustrate diminishing bullish momentum suggest index to undergo short-term technical correction and retrace towards the support level 97.10.

 

Resistance level: 97.55, 98.00
Support level: 97.10, 96.70