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Klimex
Apr 12, 2019 3:41 AM

USD index Approaching Support, Prepare For A Bounce  Long

USDJPY/111.13+USDEUR/0.89+USDGBP/0.76+USDAUD/1.4+USDNZD/1.48+USDCHF+USDCAD/1.33FXCM

Description



USD index is approaching its support at 7.02(61.8% Fibonacci extension , horizontal pullback support, 38.2% Fiboancci retracement) where it could potentially bounce to its resistance at 7.03 (horizontal swing high resistance).

Ichimoku cloud is showing bullish bias where a corresponding bounce could occur.

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