USD-INDEX Daily Forecast Jan 05 2015

Stock 659898
Stock 659898

Outlook in US dollar index has turned neutral with risk to the upside , support comes at the 91.60 levels , a failure to hold below the 91.60 levels on a 4 hour closing basis could mean a return to the 92.00 levels , a break would open 92.50 next , further upside will aim the 93.20 levels.

On the downside , losing the 91.60 levels on a 4 hour closing basis will bring a corrective pullback above the 90.60 levels before the next rise..

In all , as long as 91.60 support holds on a 4 hour closing basis , outlook in US dollar index remains on the upside towards the 92.00/92.50 levels ahead of the 93.20 levels , below the 91.60 levels will bring a corrective pullback above the 90.60 levels before the next rise..

 

USD-INDEX Daily Forecast Jan 05 2015

MARKET DATA

UPCOMING ECONOMIC EVENTS