USD-INDEX Daily Forecast Sept 05 2014

Outlook in USD-INDEX remains on the upside as long as support 83.45 /82.85  holds on a daily closing basis , resistance comes at the 84.30 levels , a halt is likely , but a break would open 84.80 next , further upside will aim the 85.40 levels..

On the downside ,support comes at the 83.45 levels ahead of the 82.85 levels (main) , losing the 82.85  levels on a daily closing basis will turn outlook neutral for retesting the 82.32/82.00  levels before the next possible rise…

In all , as long as support 83.45 /82.8 holds on a daily closing  basis  , outlook in USD-INDEX  remains on the upside towards the 84.30  levels ahead of the 83.80  levels , below the 80.85  levels will reverse risks towards the 82.32/82.00  levels….

 

USD-INDEX Daily Forecast Sept 05 2014

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