USD Index within falling wedge formation

USD Index within falling wedge formation

Rami
15 (05) 2017 - 11:41 (GMT)
0

As we see over the chart, USD Index showing ability to build a falling wedge with in short-run level which holding support zone around 98.00

As long as market holding above this zone 98.00 , another advance wave will be expected where first resistance sustain at 100.00-30 zone

Above 100.30 more advance will be expected toward target 103.50-80 zone

Below 97.50 more drop pressure may activate another drop wave toward 93.00 zone

USD INDEX

× Article short link: https://ramifx.com/?Puznmb

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 .

leave a comment