#USDX
With all technical conditions which supporting the strength, then #USDX has the potential to move up toward its nearest resistance level.
Key Levels
1. Resistance. 2 : 98.89
2. Resistance. 1 : 98.74
3. Pivot : 98.46.
4. Support. 1 : 98.31
5. Support. 2 : 98.03
Tactical Scenario
Positive Reaction Zone: If #USDX breaks out above 98.74, it is likely to continue rising toward 98.89.
Momentum Extension Bias: If 98.89 is also broken, #USDX could move toward 99.17.
Invalidation Level / Bias Revision
The upside bias weakens if #USDX falls below 98.03.
Technical Summary
EMA(50) : 98.47
EMA(200): 98.31
RSI(14) : 69.25
Economic News Release Agenda:
Today the United States will release the following economic data:
US - Unemployment Claims - 19:30 WIB
US - Flash Manufacturing PMI - 20:45 WIB
US - Flash Services PMI - 20:45 WIB
US - Natural Gas Storage - 21:00 WIB
