The US Dollar Index provides a new positive signal– Analysis – 27-8-2019
Economies.com
2019-08-27 06:31AM UTC
The US Dollar index price formed a clear positive rally yesterday, surpassing the barrier at 97.80 to confirm its surrender to the bullish bias domination, we expect the price rally to the initial target at 98.40 by gathering a new positive momentum, to wait for reaching the next target at 99.10 level.
Reminding you that the price decline below the main support at 97.50 will confirm its exit from the bullish track, which forces it to for a strong bearish trading, to expect suffering big losses by targeting 97.05 ad 96.60.
The expected trading range for today is between 97.70 and 98.40
The expected trend for today: Bullish
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