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US Dollar Index






4/11/2017 1:42:43 AM

US Dollar Index - Technical Analysis: Tuesday, 11/04/2017 05:42 GMT



The US dollar index continued its rise to approach from our main waited target at 101.60, as the bullish trend still dominant on the short term basis, noting that surpassing the mentioned level will confirm the continuation of the bullish wave on the longer term basis, and the next target will reach the recent top at 103.80.

We remind you that the continuation of the expected rise requires the stability above 100.22, which breaking it represents negative factor that will push the index to turn back to the correctional bearish track.


Target
Risk


Support
Resistance


Trend Bullish

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