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Technical Analysis USDIDX : 2016-01-13

Discussion in 'Technical Analysis' started by FXStreet_Team, Jan 13, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    Fresh US dollar high to be hit US dollar index has been moving sideways for almost the whole year now with a noticeable 6% range. At the start of 2016 the risks from Chinese economy heightened. On the other hand, the positive macroeconomic data was released in the US. Will the US dollar get even stronger? The US Fed hikes the interest rates by 0.25 percentage points in December 16, 2015, for the first time since June 2006, and said the further hike by 1 percentage point is likely in 2016. The

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