Black Pipper

Forex Dreamers

US Dollar Index: 99.10 is the goal

The Dollar Index, he expands Monday’s gains to 98.70, which he was trading below the recent high of 98.80/85. An upward move to last week’s high of 99.10 remains possible as long as trading above the 55-day SMA of 97.96. Should the index be able to overcome this resistance, while the 98.93 (high 1 August) and the 2019 high of 99.37 (3 September) will be the target.

Technical Levels

S1 98.44
S2 98.25
S3 98.05

R1 98.83
R2 99.03
R3 99.22

 

Also read  US dollar index retreat from week high above 99.00

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