USD-Index met Intraday target with new opportunity

USD-Index met Intraday target with new opportunity

Rami
07 (09) 2016 - 09:10 (GMT)
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Dollar Index managed to sustain drop after met Intraday-Levels target (96.25-45) where we expected a drop correction from that zone toward (94.60-95.00) levels for the same Time Frame (for more details click here).

While market hold Short-Run trading zone that our previous report suggested ( see here).

The coming Short-Run signaling ability for rebound correction as long as support zone (94.40-70) intact where an uptrend wave may hit the market toward (96.45-75) zone again with ability to break that resistance zone.

Downtrend risk will start if market fell below (94.40) which may signal ability to continue drop to break below (94.00) support level which if done an downtrend wave may hit the market toward (92.50) zone.

USD INDEX

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Rami

Rami

Hi all, my name is Rami, with more than 16 years experience in Forex Market, switching from Brokerage field to Fund Management and Risk Management specialty.I had an idea to establish a Home Page to present my thoughts on Forex Market from three different angle or prospective, Mid-Run, Short-Run & Intraday movements .

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