USD-INDEX Daily Forecast Mar 11 2015

Stock 659898
Stock 659898

Outlook in  USD-INDEX  remains on the upside as long as  97.80 support holds on a daily closing basis  , resistance comes at  the 99.30 levels , a halt is likely , but a break would open 100.35 next , further upside will target the 101.70 levels.

On the downside , support comes at the 97.80 levels  , sustained breakout – daily closing – below 97.80 will suggest short term topping and bring a corrective pullback above the 95.39 levels before the next rise…

In all , as long as 97.80 support holds on a daily closing basis , outlook in US dollar index remains on the upside towards the 99.30 levels ahead of  the 100.35  levels , below 97.80 faces a pullback risk above the 96.60/95.39 levels before the next rise…

 

USD-INDEX Daily Forecast Mar 11 2015

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