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US Dollar Index






4/5/2017 2:45:24 AM

US Dollar Index - Technical Analysis: Wednesday, 05/04/2017 06:45 GMT



The US dollar index settles above the support ground formed above 100.22, fluctuating within sideways track, waiting to get positive momentum that assists the index to continue rising, as we expect the continuation of the bullish trend domination on the coming trades, waiting to visit 101.25 then 101.60 levels.

The index stability above 100.22 is important to continue the bullish trend, noting that breaking this level will put trades under the negative pressure again, to witness decline that we expect to push the index towards 99.12 mainly.


Target
Risk


Support
Resistance


Trend Bullish

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