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Thursday, April 7, 2016

Dollar Index update












Dollar Index has support at 94.00 and resistance at 95.20. Two consecutive closes below 94.00 will take to 93.20---92.80 mark in days to come else it could test its resistance level of 94.60 and then to 94.90---95.20 again.

Further upside rally will see only weekly close above 95.20 mark.

38.2% retracement level at 92.00. Chances are bright to test 38.2% retracement if it breach 94.00 mark but trade with levels only







More will update soon!!