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The Dollar index continues making higher highs and higher lows. Price has broken above the 50% Fibonacci retracement. Price is now moving closer to our next and major target at the 61.8% Fibonacci retracement at 97.50-98 area.
Green lines - Fibonacci retracementBlue line - support trend line
The Dollar index has broken the 50% Fibonacci retracement. As we mentioned before, there is no sign of a reversal and price should reach our next target at the 61.8% retracement. The RSI has just reached overbought levels. Bulls remain in full control of the trend and as long as price is above the blue line, bulls remain safe.
Díky analytickým přehledům společnosti InstaForex získáte plné povědomi o tržních trendech! Jako zákazníkovi společnosti InstaForex je Vám k dispozici velký počet bezplatných služeb umožňujících efektivní obchodování.