USD-INDEX Daily Forecast Jan 07 2015

Stock 659898
Stock 659898

Outlook in USD-INDEX remains on the upside as long as 92.00 support holds on a 4 hour closing basis , resistance comes at the 92.50 levels ,a halt is likely but a break would open 93.25 next , further upside will pave the way towards the 94.00 levels ..

On the downside , support comes at the 92.00 levels (main) , losing this level on a 4 hour closing basis will turn outlook neutral and bring a corrective pullback above the 90.60 levels before the next possible rise .

In all , as long as 92.00 support holds on a 4 hour closing basis , outlook in US dollar index remains on the upside towards the 92.50 levels ahead of the 93.25 levels , below 92.00 will turn outlook neutral and bring consolidation above the 90.60 levels before the next rise..

 

USD-INDEX Daily Forecast Jan 07 2015

 

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