USD Trading Outlook (09-05-2016)
Dollar Index (ICE) Intraday: the upside prevails
Pivot: 93.5000
Our preference: long positions above 93.5000 with targets @ 94.1000 & 94.3000 in extension.
Alternative scenario: below 93.5000 look for further downside with 93.1500 & 92.9000 as targets.
Comment: the RSI calls for a new upleg.
Supports and resistances:
94.5500
94.3000
94.1000
93.9500 Last
93.5000
93.1500
92.9000