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18.06.202008:26 Forex Analysis & Reviews: USD Index trying to raid 97.45: Analysis For June 18, 2020.

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Exchange Rates 18.06.2020 analysis

According to the 4-hour chart, the USD Index is trying to raid the nearest Liquidity Pool at about 97.45-97.50 because there is a Liquidity Void above the current price now which will act as a magnet area for the USD Index. Nevertheless, this upward movement scenario will be cancel if the USD Index goes down for retracement and closes below the 96.80 level.

(Disclaimer)

Arief Makmur
Analytical expert of InstaForex
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