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Horizontal Resistance Restricts US Dollar Index (I.USDX) Rally

Discussion in 'Technical Analysis' started by Kaitlin, Nov 10, 2015.

  1. Kaitlin

    Kaitlin Forum Member

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    Friday's US labor market details boosted the US Dollar Index (I.USDX) to the highest levels in more than six months, however, the 99.10 – 99.20 horizontal resistance area held the greenback gauge's further up-move, indicating a pullback to 98.00 immediate support. If the index fails to hold 98.00, the 23.6%[​IMG]

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