US Dollar Index Forecast November 27, 2013, Technical Analysis

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By FX Empire Analyst - Christopher Lewis
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The US Dollar Index fell during the session on Tuesday, wiping out all of the gains from the Monday session. However, the more important thing to pay attention is that we are above the 80.50 level, an area that had been resistive previously, and now looks to be supportive. With that being the case, we feel that this market will more than likely go higher, but we need to find some type of supportive candle in order to start buying. If we get it though, we fully expect to see the 81.50 level tested again as resistance.

 

US Dollar Index Forecast November 27, 2013, Technical Analysis

US Dollar Index Forecast November 27, 2013, Technical Analysis

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