Main Quotes Calendar Forum
flag

FX.co ★ Technical Analysis of Daily Price Movement of United States Dollar Index, Monday February 2023.

parent
Forex Analysis:::2023-02-20T05:44:29

Technical Analysis of Daily Price Movement of United States Dollar Index, Monday February 2023.

Technical Analysis of Daily Price Movement of United States Dollar Index, Monday February 2023.

If we look at the daily chart of United States Dollar Index there is a deviation between price movement with its Awesome Oscillator indicator so that in a few days ahead #USDX has a potential to apprecated to test the level above the current price which is level 105,60, and if this level managed to break above then #USDX has the potential to continue its strength up to the level 107,87. However if there is the downside correction on its way to those level until it passes the level of 101.52 then all scenarios of a rally up above that have been described just now will become invalid.

(Disclaimer)

Analyst InstaForex
Share this article:
parent
loader...
all-was_read__icon
You have watched all the best publications
presently.
We are already looking for something interesting for you...
all-was_read__star
Recently published:
loader...
More recent publications...