USD-INDEX Daily Forecast Nov 11 2014

Stock-123654

Outlook in USDINDEX remains on the upside as long as support 87.28 holds on a daily closing basis , resistance comes at the 88.80  levels , a halt is likely , but a break would open 90.00 next , further upside will aim the 91.30 levels..

On the downside , support comes at the 87.28 levels , losing this level bring a corrective pullback towards the 86.10 levels before the next rise , however ; a clear break below the 86.10 levels will extend the pullback towards the 84.51 levels.

In all, as long as support 87.28  holds on a daily closing basis , outlook in USDINDEX remains on the upside towards the 88.30/88.80 levels ahead of the 90.00  levels, below the 87.28 will bring a corrective pullback towards the 86.10 levels before the next possible rise.

 

 

USD-INDEX Daily Forecast Nov 11 2014

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