RowaynaAhmed

Yesterday US Dollar Currency Index's Analysis.

TVC:DXY   U.S. Dollar Index
The Census Bureau has published data affecting the US dollar index. These data were about the monthly essential durable goods orders and the monthly durable goods orders. The data for these two indicators were contradictory; as the percentage of the monthly essential durable goods orders was less than the expected percentage by 0.3%, while the percentage of the monthly durable goods orders was higher than the expected rate by 1.1%, therefore, the stock's trend has risen and fallen several times between the support line 93.213 and the resistance line 93.481, but the general direction was bullish, which showed the control of the buyers over the sellers and helped in forming a continuation pattern for the ascending triangle.
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