As on 26/09/2022 USD-INDEX has given out a strong opening.Since the day beginning it has surpassed all resistance levels and has only 20% room to break third resistance level which standard is 115.269. The dollar has been trending its positions across the world. Seeing the economical conditions in Europe and the war triggers from Russia and Ukraine has led to American Dollar uprising undefended.
Tehchnical Analysis :- RSI on daily basis stands very strong at 77 level based on which we can clearly confirm that shorting dollar index today may trigger losses its preferred that we choose the process of buying on dips. Whenever RSI comes down nearby 50 levels and price is above 20 ema once may choose to enter long.
Tehchnical Analysis :- RSI on daily basis stands very strong at 77 level based on which we can clearly confirm that shorting dollar index today may trigger losses its preferred that we choose the process of buying on dips. Whenever RSI comes down nearby 50 levels and price is above 20 ema once may choose to enter long.