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US Dollar Index






5/11/2017 1:06:49 AM

US Dollar Index - Technical Analysis: Thursday, 11/05/2017 05:06 GMT



The US dollar index achieved clear rise in the past days to move above 99.12, which might push trades to test the most important resistance on the short term basis at 100.22, noting that surpassing this level will confirm rallying to achieve more gains on the short term basis.

RSI moves near the overbought areas to support the chances of turning back to decline, noting that breaking 99.12 level will confirm the continuation of the main bearish trend that its next target located at 98.02.


Target
Risk


Support
Resistance


Trend Bearish

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