FXHIGHWAY

 Breaking News


US Dollar Index






8/21/2017 12:37:15 AM

US Dollar Index - Technical Analysis: Monday, 21/08/2017 04:37 GMT



The US dollar index trades near 93.00 level after holding below 94.00, to keep the main bearish trend valid and dominant, waiting for more decline that its next target located at 91.91.

Overall, we expect the continuation of the bearish trend unless surpassing 94.44 and settling below it, noting that breaking 91.91 will push the index towards 91.35 that represents 50% Fibonacci correction level for the rise from 78.91 to 103.80.


Target
Risk


Support
Resistance


Trend Bearish

Logs

Advertisements