Sunday, April 22, 2018

Dollar Index consolidating

On the weekly chart, Dollar Index formed an outside day.
Dollar index had been in consolidating since mid of Jan 18.  Expect explosive movement may be coming.
Resistance at 90.6, 92.0, Trend Channel (Blue), 93.0
Support at TLD2, 88.88, Trend Channel (Blue), TLD8, 86.5, 83.2, 79.0

COT for Dollar Index

Weekly chart with 50 SMA

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