USD-INDEX Daily Forecast Mar 31 2015

Stock 659898
Stock 659898

Outlook in USD-INDEX remains neutral with risk to the upside as long as 95.39 support holds on a daily closing basis , resistance comes at the 100.09 levels , a halt is likely but a break would open 100.75 next , further upside will target the 102.40 levels..

On the downside , support comes at the 96.60 levels ahead of the 95.39 levels (main) , losing this level will suggest short term topping and pave the way towards the 93.37/91.48  levels before the next move..

In all , as long as 95.39 support holds on a daily closing basis , outlook in US dollar index remains neutral with risk to the upside towards the 100.09 levels ahead of the 100.75  levels , below 95.39 will extend the pullback towards the 93.37/91.48  levels before the next rise…

Intraday : As long as 97.45/98.16 holds on  a 4 hour closing basis , further upside is likely towards the 100.00 levels..


USD-INDEX Daily Forecast Mar 31 2015




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