USD-INDEX Daily Forecast Dec 30 2014

Stock 659898
Stock 659898

Outlook in USD-INDEX remains on the upside as long as 90.09/89.82 support holds on a 4 hour closing basis , resistance comes at the 90.65 levels ,a break would open 91.30 next , further upside will pave the way towards the 92.00 levels ahead if the 93.15 levels.

On the downside , support comes at the 90.09 levels ahead of the 89.82 levels (main) , losing this level on a 4 hour closing basis will turn outlook neutral and bring a corrective pullback above the 88.85 levels before the next possible rise .

In all , as long as 90.09/89.82 support holds on a 4 hour closing basis , outlook in US dollar index remains on the upside towards the 90.65 levels ahead of the 91.30 levels , below 89.82 will turn outlook neutral and bring consolidation above the 88.85 levels before the next rise..

 

USD-INDEX Daily Forecast Dec 30 2014

 

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