US DOLLER INDEX (DXY)
ACTION: BUY
A present close above 97.72 expose the next resistance at 99.48 then next week TP is 99.48. Contrast, a close below 97.72 expose the next support at 96.39.
Bollinger band: A break out at the upper band of the Bollinger Band indicate a Buy signal.
RSI analysis (14, close): At 61.8309 indicate a strong Buy on DXY
Conclusion
INSTRUMENT DXY
ACTION BUY
PRICE 97.75 – 98.10
STOP-LOSS 97.40
TP 99.50
ACTION: BUY
A present close above 97.72 expose the next resistance at 99.48 then next week TP is 99.48. Contrast, a close below 97.72 expose the next support at 96.39.
Bollinger band: A break out at the upper band of the Bollinger Band indicate a Buy signal.
RSI analysis (14, close): At 61.8309 indicate a strong Buy on DXY
Conclusion
INSTRUMENT DXY
ACTION BUY
PRICE 97.75 – 98.10
STOP-LOSS 97.40
TP 99.50