JohnFortune

USD Index- Break Of Resistance Needed For Bulls

ICEUSA:DX1!   None
Last week the USD Index declined after two weeks of consolidation breaking key support at 94.030. This decline is still viewed as part of a correction and as a result we have a neutral outlook on the USD Index going into next week with a risk of a continued range. A break above the 94.030 level will indicate a resumption of the Bull trend.
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