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US Dollar Index






11/2/2017 3:51:01 AM

US Dollar Index - Technical Analysis: Thursday, 02/11/2017 07:51 GMT



The US dollar index surpassed 94.30 level and settled above it, to surpass the descending channel's resistance, besides completing inverted head and shoulders' pattern that its main target reaches 97.94.

Thus, the bullish trend will be expected on the short term basis, noting that breaking 94.30 will put the index under the correctional pressure again.


Target
Risk


Support
Resistance


Trend Bullish

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