USDOLLAR TARGETING 98.9 on USDx (12200 USDOLLAR)

Long

Dow Jones FXCM Dollar Index (FX:USDOLLAR)

FX:USDOLLAR Dow Jones FXCM Dollar Index

usd eurusd usdjpy dollar index volume

Index currently coming off point of control at 12100. Next key PoC is 12200. Bear this in mind when trading USD pairs. Could be an indication of risk on sentiment returning, however divergence between the index and safe havens (JPY and CHF) could lead to strong indication that risk off sentiment is still applicable.

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