USD index traded downside, exactly what I forecasted yesterday. The USD index reached the level of $96.60. After the clean downside breakout of the upward channel, the sellers took control over the buyers. Our main target is still set at the price of $96.30.
MACD oscillator is showing new momentum down and the slow line is sloping to the downside.
Resistance level is seen at the price of $97.00
Intraday support is seen at $96.33
