USD-INDEX Daily Forecast Dec 26 2014

Stock 659898
Stock 659898

Outlook in USD-INDEX remains on the upside as long as 89.80 support holds on a daily closing basis , resistance comes at the 90.30 levels , a break would open 90.90 next , further upside will pave the way towards the 91.30/91.85 levels.

On the downside , support comes at the 89.80 levels  ahead of the 89.35 levels (main), losing this level on a daily closing basis will turn outlook neutral and bring a corrective pullback above the 87.81 levels before the next rise…

In all , as long as 89.35 /89.80 support holds on a daily closing basis , outlook in US dollar index remains on the upside towards the 90.30 levels ahead of the 90.90/91.30  levels , below 89.35 will bring consolation above the 87.81 levels before the next rise….

 

USD-INDEX Daily Forecast Dec 26 2014

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UPCOMING ECONOMIC EVENTS