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FX.co ★ #USDX Price Movement For May 05, 2020

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Forex Analysis:::2020-05-05T04:08:07

#USDX Price Movement For May 05, 2020

#USDX Price Movement For May 05, 2020

If we look at the 4-hour chart for #USDX, we see the divergence between the CCI (30) and the price. Based on this technical indicator, the odds are that the USD index is going to raid the nearest liquidity pool at 99.60 and will fill the liquidity void. The next BUY Stop of the liquidity pool will be at 99.98 too as long as #USDX does not retrace downwards below the 98.57 level.

(Disclaimer)

Analyst InstaForex
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