Sforex
Long

USDOLLAR: I still want to BUY Dollar.

INDEX:DXY   US DOLLAR CURRENCY INDEX
114 0 2
Next week, US data dominate Economic Calendar , and with traders holding LONG positions of USDollar             , this indeed is a vital week.

Certainly I hope data would be positive, but it's hard to say what will happen.

Payrolls is the main focus, besides we also have ISM PMI, ADP report and some minor data.

I want to see positive data and still want to Buy Dollar.

- Technical Analysis

USDollar             holds above SMA50

A new trend line is sharped on the chart.

- Support at 96.30

- Resistance at 99.96

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Because next week data is very important, DAY BY DAY I WILL UPDATE MY ANALYSIS ON TRADINGVIEW FOR EACH IMPORTANT DATA, PLEASE CHECK MY FB             PAGE OR WEBSTE FREQUENTLY BEFORE DATA
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