justatrader

US Dollar Index - Pullback to 94.41 or a decline to 93.77

ICEUSA:DXZ2015   U.S. Dollar Index
58 0 4
Following up from the previous chart, expecting a pullback to 94.41 which will be a good level to go long on EURUSD             . Else, a decline down to 93.77 will be a signal to stay on the sidelines, watch for a bounce off 93.77 for EURUSD             shorts in the near term. Watching 93.77 for a possible breach which will see a sharp decline down to 91.54
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