USD-INDEX Daily Forecast Mar 06 2015

Stock 659898
Stock 659898

Outlook in  USD-INDEX  remains on the upside as long as  95.39/96.05 support holds on a daily closing basis  , resistance comes at  the 97.80 levels , a halt is likely , but a break would open 99.30 next , further upside will target the 100.30 levels.

On the downside , support comes at the 96.05 levels ahead of the 95.39 levels (main) , sustained breakout – daily closing – below 95.39 will suggested short term topping and bring a corrective pullback above the 94.04/94.73 levels before the next rise…

In all , as long as 95.39/96.05 support holds on a daily closing basis , outlook in US dollar index remains on the upside towards the 97.80 levels and possible higher towards the 99.30 levels , below 95.39 faces a pullback risk above the 94.04/94.73 levels before the next rise…

 

USD-INDEX Daily Forecast Mar 06 2015

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