The US Dollar Index rose slightly during the course of the session on Tuesday, as we continue to try to reach towards the 100 level. Any pullback at this
The US Dollar Index rose slightly during the course of the session on Tuesday, as we continue to try to reach towards the 100 level. Any pullback at this point in time should be a buying opportunity, and as a result we believe that supportive candles are the way to go going forward. Every time we dip, we should start to look at this market as one that is offering value. Ultimately, we have no interest in selling this market, as it continues to show significant upward momentum at this point.
US Dollar Index Forecast November 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.