A daily review of the USD Index vs daily technical analysis

review-1

I expect price to take a dip and do a higher low. The higher high was not a convincing one though. Price continued its rally up to the bulls weekly target. Price had reached the bears weekly target earlier on this week. From a target zone we expect price to head to the central Pivot. From a Bears pespective that has happend. We will see how price will behave from this point on. Im still however looking for a higher low.

2 thoughts on “USD Index daily review(30/03/17)”

  1. Jim Reddihough says:

    The EURUSD is at a good level of support also which lends weight to your analysis.

    1. Teboho Faro says:

      thanks for the feedback

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