USD index technical analysis 28/03/17


Yesterday price reached the monthly target. Stoch is currently oversold. At this point price is likely to rally up to next months central Pivot.


Price hit the weekly target, price then pushed up abit and found resistance just below WS1. A reversal pattern might be lining up to trigger a move to the upside. Or price might continue with a rally up to WPP


Price bounced off DPP, and is currently on the move up. The target for today is DR2, a resistance level where price will close the weekend gap

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