The US get dollar Index initially tried to rally during the session on Monday but turned back around to slam into the 97 handle. Because of this, it looks
The US get dollar Index initially tried to rally during the session on Monday but turned back around to slam into the 97 handle. Because of this, it looks as if the market is probably going to continue to fall just a bit, perhaps heading down to the 96.5 handle. Nonetheless, we believe the volatility will continue to be the way going forward, although we feel that the market is probably better off left alone at this moment, we believe that trading the US dollar against specific spot currencies will probably be the best way going forward.
US Dollar Index Forecast August 11, 2015, Technical Analysis
Being FXEmpire’s analyst since the early days of the website, Chris has over 20 years of experience across various markets and assets – currencies, indices, and commodities. He is a proprietary trader as well trading institutional accounts.
