Sunday, February 12, 2017

Dollar Index rebounded

Dollar Index broke out and closed above TLD4.  On the weekly chart, formed an inside day.  If can break lhf on the weekly chart and close above it.  USD may continue the bullish tone.  Traders will be watching Fed Chair Yellen testifies on Tue and Wed looking for hints on next rate hike.
Resistance at TLU6, 101.5, Trend Channel (Blue)
Support at  100.3, 99.8, Trend Channel (Blue), TLD4, 98.3, TLU7, TLU9, 97.3

USD Impact currencies/Gold/Crude(wow)

Weekly chart with 50 SMA

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