Daily analysis of USDX for June 16, 2017 888011000 110888 USDX posted strong gains throughout Thursday’s session, consolidating its rate action above the 200 SMA at H1 chart. The next difficulty to test is located around 97.75, which is a crucial supply area for sellers. To the disadvantage, we can discover some strong supports at the 96.95 and 96.70 levels; the last one is possible to create some selling pressure once it’s broken. H1 chart ‘s resistance levels: 97.41/ 97.75 H1 chart’s assistance levels: 96.95/ 96.70 Trading recommendations for today: Based upon the H1 chart, location buy( long). orders just if the USD Index. breaks with. a bullish.candlestick;. the resistance. level is at. 97.41,. take earnings is at. 97.75. and stop loss is at 97.07. The product has actually been supplied by InstaForex Company- www.instaforex.com

By | June 15, 2017

Share This:

Leave a Reply

Your email address will not be published. Required fields are marked *