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290519 DOLLAR_INDX

by | May 29, 2019 | Dollar_indx | 0 comments

GCMAsia - DOLLAR_INDX
DOLLAR_INDX
DOLLAR_INDX
2019-05-29

DOLLAR_INDX, H4: Dollar index was traded higher after breaking above previous resistance level at 97.60. However, MACD which illustrate diminishing bullish momentum suggest index to undergo short-term technical correction and retrace back towards the support level 97.60.

 

Resistance level: 97.95, 98.25

Support level: 97.60, 97.00