Condiciones de negociación
Products
Herramientas
The Dollar index bounced strongly off the 50% Fibonacci retracement and the cloud support in the 4-hour chart as expected. The Dollar index reached 94 which is important short-term resistance and is showing rejection signs.
Red rectangle - resistance areaBlack rectangle - support area
The Dollar index is at an important junction. A break above 94.05 will open the way for a move towards 96. A fall below 93.40 will push price towards 92.50 critical low. First important short-term support is at 93.30-93.40. Bulls do not want to see it broken.
Last week's weekly candle is a bullish one, implying price should continue higher towards weekly kijun-sen resistance at 94-94.30. A weekly break above this resistance level will be a very bullish break out that will eventually push price towards our target of 96-97. The bullish scenario gets canceled if we break below 92.50.¡Los informes analíticos de InstaForex lo mantendrá bien informado de las tendencias del mercado! Al ser un cliente de InstaForex, se le proporciona una gran cantidad de servicios gratuitos para una operación eficiente.