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US Dollar Index Forecast November 30, 2015, Technical Analysis

By:
Christopher Lewis
Updated: Nov 28, 2015, 06:02 UTC

The US Dollar Index went back and forth during the day on Friday, as we tried to break above the 100 level. However, the market was a bit difficult to

US Dollar Index Forecast November 30, 2015, Technical Analysis

The US Dollar Index went back and forth during the day on Friday, as we tried to break above the 100 level. However, the market was a bit difficult to deal with, and there probably was a bit of a lack of volume out of America as well. Ultimately, if we can break out above the highs from the session, we would be buyers. We also would be buyers on pullbacks that show signs of support were bouncing below. We have no interest whatsoever in selling this market as the US Dollar continues to be one of the strongest currencies in the world.

 

US Dollar Index Forecast November 30, 2015, Technical Analysis
US Dollar Index Forecast November 30, 2015, Technical Analysis

About the Author

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.

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