The US Dollar Index rose during the session on Thursday, but still remains below the 86 handle. While this market does look rather bullish, a little bit
The US Dollar Index rose during the session on Thursday, but still remains below the 86 handle. While this market does look rather bullish, a little bit of a pullback from here wouldn’t be that big of a surprise. Nonetheless, we look at that as value, and would simply start buying immediately at that point in time. We have no interest in selling, and do believe that the market goes to at least 90, and more than likely 91. Going forward, we will continue to buy the dips as the rest of the market seems to be doing.
US Dollar Index Forecast October 24, 2014, Technical Analysis
Chris is a proprietary trader with more than 20 years of experience across various markets, including currencies, indices and commodities. As a senior analyst at FXEmpire since the website’s early days, he offers readers advanced market perspectives to navigate today’s financial landscape with confidence.
