Monday, February 17, 2014

US DOLLAR INDEX (DXY) - (Trading into Support?) Forecast for the week 17th Feb, 2014

US DOLLAR INDEX (DXY) - Forecast for the week 17th Feb, 2014

(Trading into Support?)

*chart says 'resistance' typo - should be 'support'


The US Dollar Index is trading into important support area, with confluence of fib levels and pivots as well.  (79.70 is the level to watch). If it gets down there, trading US dollar crosses for scalp trades should setup very well for scalpers.



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