27.12.201917:31 Forex Analysis & Reviews: USD Index analysis for 12.27.2019 - Strong downside pressure, downward target set at the price of $96.34

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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

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