Daniel.B

Dollar at crossroads between bulls / bears

INDEX:DXY   US DOLLAR CURRENCY INDEX
Simple chart that shows what dollar bulls are against. My personal bias is to the downside for the dollar, though I can always be wrong and we can just remain in a range between the current levels and resistance at 100.00. A daily candle break and close back above the 96.60 area should give control of the situation back to buyers to potentially retest the 100.00 level. A break below 93.20 would make a test of the 88.50 area very probable.

Cheers =)
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