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US Dollar Index






8/11/2017 12:26:28 AM

US Dollar Index - Technical Analysis: Friday, 11/08/2017 04:26 GMT



The US dollar index fluctuates around the descending channel's support that appears on the chart below, while the general negative pressure still valid as long as the index is stable below 94.44, waiting to head towards 91.91 that represents the main expected target.

Breaking the mentioned level will push the index towards 90.00 as a next target, while surpassing 94.44 will stop the expected decline and lead the index to achieve gains that reach to 96.40 mainly.


Target
Risk


Support
Resistance


Trend Bearish

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