FxWirePro
Short

US Dollar Index breaks major support 97.20, targets 96.25/95

TVC:DXY   U.S. Dollar Currency Index
142 0 2
Major support -97.20 (Dec 15th 2015)

Dollar index             has broken major support 97.20 and declined till 96.77 at the time of writing. It is currently trading around 96.80.

Any break below 97.20 confirms minor weakness, a decline till 96.25 ( trend line joining 92.62 and 93.94) is possible .Break below 96.25 will drag the index further down till 95.60/93.80.

On the higher side major resistance is around 97.85 and break above targets 98.30/98.70.

Overall bearish invalidation only above 100 level.

It is good to sell on rallies around 97.20 with SL around 97.85 for the TP of 96.25/95.60
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out