Sforex
Long

USDollar: Meet Resistance: US Consumer Spending in the focus

INDEX:DXY   U.S. Dollar Index
82 0 1
Greenback recovered strongly after Black Monday. This is easy to understand because the China problem is just a short term impact and investors considers the low as chance to buy USDollar             at lower level.

USDollar             meet resistances :

-Kumo cloud.

- SMA100

- Resistance at 96.25

USDollar             needs to be provided more fuel to rally and excess above those resistance levels.

Tomorrow, US Consumer Spending data such as US Consumer Spending, Personal Income             , PCE data will play a key role in providing fuel for USDollar             machine.

Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out