US Dollar Index drops through 92.15. Correction complete ?

9 thg 11, 2020

US Dollar Index had reversed sharply from 94.30, the November 04, highs and settled at 92.15 today. Possibilities remain both sides but bullish scenario remains intact until 91.75 holds. If a flat is underway from 91.75, US Dollar Index should rally sharply towards 96.00 levels before reversing lower again. A minimum push through 93.50 levels can be expected from here before the index finds resistance again.

Remain long, stop @ 91.75, target @ 96.00


Good luck!