CURRENCIES Dollar Index (80.96) has bounced from the support zone - TopicsExpress



          

CURRENCIES Dollar Index (80.96) has bounced from the support zone of 80.30-50 towards the immediate resistance at 81.05-20. Strength will return above 81.20. The bias remains bullish as long as it stays above 80.30-50. From a broader perspective, the Dollar index keeps trading in a contracting range within 79-81.50 for nearly 3 months now and only a break of that range would give any real direction.
Posted on: Fri, 17 Jan 2014 04:04:30 +0000

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