USD index was on the rise late in the day

Discussion in 'Technical Analysis' started by FXStreet_Team, Mar 14, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    Much of the day was spent in range bound trade, but the USD index was on the rise late in the day. AUD/USD looked to be on the back foot from early London trade, and having rejected .7600 in Asia, we then went on to take out .7500, but support levels not too far off from here. NZD followed, but ahead of the Fonterra auctions Tuesday, there was not too much aggressive intent here. The CAD suffered also, as Oil prices turned lower. Both the CAD and WTI are trading at higher levels overall, so not

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