USD-INDEX Daily Forecast Jan 21 2015

Stock 659898
Stock 659898

Outlook in USD-INDEX remains on the upside as long as 92.80 support holds on a daily closing basis , resistance comes at the 93.40 levels ,a halt is likely but a clear break would open 94.90 next , further upside will pave the way towards the 96.80 levels ..

On the downside , support comes at the 92.80 levels , losing this level on a daily closing basis will turn outlook neutral and bring a corrective pullback above the 89.60/91.48 levels before the next possible rise .

In all , as long as 92.80 support holds on a daily closing basis , outlook in US dollar index remains on the upside towards the 93.40 levels ahead of the 94.90 levels , below 92.80 will turn outlook neutral and bring consolidation above the 89.60/91.48 levels before the next rise..

 

USD-INDEX Daily Forecast Jan 21 2015

 

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