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US Dollar Index






8/29/2017 1:54:11 AM

US Dollar Index - Technical Analysis: Tuesday, 29/08/2017 05:54 GMT



The US dollar index declined clearly in the previous sessions to approach from our waited target at 91.91, supporting the expectations of continuing the main bearish trend, which its next target located at 91.35.

Thus, we are waiting for more decline in the coming period, which will remain valid unless the index rallied to surpass 94.40 level and settled above it, noting that it is important to monitor the index behavior when reaching 91.35 level, due to its importance to detect the trend on the medium term basis.


Target
Risk


Support
Resistance


Trend Bearish

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