Dollar index is very close to make its bottom. The possible bottom area is around 94.00-94.50. There is a warning sign for bears as we are in the final stage of Dollar decline. This is the Best time for the medium term traders to go Long. Weekly chart says that we are very close to the Longer-term trend line support where we are about to or already formed the bottom. Maybe ECB on Thursday will be the confirmation call for the dollar's bottom and EURUSD's top.
Recommendations: LONG at 94.70 with stop at 92.50, set medium term Target at 98.
Recommendations: LONG at 94.70 with stop at 92.50, set medium term Target at 98.