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

 

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