Todays outlook on the USD Index

H1 chart

Trend is BEARISH. Market is down, trading volume to the downside keeps on increasing signaling that BEARS are still present in the market and possibly even more are coming in. We are currently at a lower low, For the day Im forecasting a lower high at my resistance zone then the continuation of the decline.

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.