USD-INDEX Weekly Forecast Mar 16 2015

Stock 659898
Stock 659898

Outlook in  USD-INDEX  remains on the upside as long as  97.72 support holds on a weekly closing basis  , resistance comes at  the 102.00 levels , a halt is likely , but a break would open 103.25 next , further upside will target the 105.00 levels.

On the downside , support comes at the the 97.72 levels (main) , sustained breakout – weekly closing – below 97.72 will  bring a corrective pullback above the 95.08/93.37 levels before the next rise…

In all , as long as 97.72 support holds on a weekly closing basis , outlook in US dollar index remains on the upside towards the 102.00 levels ahead of the 103.25 levels , below 97.72 faces a pullback risk above the 93.39/95.08 levels before the next rise…

 
USD-INDEX Weekly Forecast Mar 16 2015

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