After reaching a bottom just above 89 figure, USD Index started to correct higher and has reached 91.50 strong resistance.
The rise from this bottom is in a clear ABCD corrective structure and is signaling a potential drop for the Dollar and the presumption of long-term downtrend.
Support is now just under 91 and a daily break under this support will be a strong indication that the correction is over.
I'm looking to buy dips for EurUsd, AudUsd and NzdUsd
The rise from this bottom is in a clear ABCD corrective structure and is signaling a potential drop for the Dollar and the presumption of long-term downtrend.
Support is now just under 91 and a daily break under this support will be a strong indication that the correction is over.
I'm looking to buy dips for EurUsd, AudUsd and NzdUsd
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