4xForecaster

#UDollar Mulls 98.38; Limited Upside If > 98.66

INDEX:DXY   US DOLLAR CURRENCY INDEX
Friends,

The Dollar Index is currently facing a significant, but discreet hurdle at 98.39. A break above 98.66 would indicate further headway towards the bearish entrenchment, defined by 99.49/99.91 range.

Predictive Analysis and Forecasting Model offers a limited upside potential given this first hurdle condition met, with a nominal/qualitative target defined as:

TG-Hi = 10.08 - 08 APR 2015


If a geometry develops, we will add this to the current string of Forex charts in which we revealed interesting and successful Hit Target education trades:
As posted before, the long-term outlook remain bullish for USD. However, this does not exclude the possibility of a bearish interim.

Stay tuned,


Predictive Analysis & Forecasting
Denver, Colorado - USA


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