USD-INDEX Daily Forecast Aug 01 2014

Outlook in USD-INDEX remains on the upside as long as support 80.90 holds on a daily closing basis , resistance comes at the 81.60 levels , break of the 81.60 levels on a daily basis is needed to resume the upside offensive , If seen , It will target 82.00 next , further upside will aim the 82.40 levels…

On the downside , losing the 80.90 levels on a daily closing basis will turn outlook neutral for retesting the 80.16/80.59 levels before the next possible rise…

In all , as long as support 80.90 holds on a daily closing  basis  , outlook in USD-INDEX  remains on the upside towards the 81.60 levels ahead of the 82.00 levels , below the 80.90 levels will reverse risks towards the 80.16/80.59 levels….

 

USD-INDEX Daily Forecast Aug 01 2014

MARKET DATA

UPCOMING ECONOMIC EVENTS