ap8forexchange

US Dollar Index CFD Weekly - 10 - 14 Aug 2020

TVC:DXY   U.S. Dollar Index
US Dollar still continue moving downwards and we are looking at consolidation move inside the channel

However, last week NFP results & Fed comments have little to no impact on the US dollar, as the dollar index trades on the back in Asia this Monday, reversing a part of Friday’s rebound.

Strong resistance on the upper line and support on the lower line both key level to be alert for any breakout

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.