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US Dollar Index






5/9/2017 1:05:31 AM

US Dollar Index - Technical Analysis: Tuesday, 09/05/2017 05:05 GMT



The US dollar index provided negative trades recently to approach from our waited target at 98.02, but it returns to rise to test 99.12 level again, noticing that RSI loses the bullish momentum gradually, to support the chances of turning back to rise again.

Thus, the bearish trend will remain expected for the coming period, and breaking 98.02 will push the index to head towards 96.65 on the short term basis, while surpassing 99.12 will lead the index to recover and test 100.22 initially.


Target
Risk


Support
Resistance


Trend Bearish

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