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02.07.201805:59 Forex Analysis & Reviews: Technical analysis of USDX for July 02, 2018

Long-term review
This information is provided to retail and professional clients as part of marketing communication. It does not contain and should not be construed as containing investment advice or investment recommendation or an offer or solicitation to engage in any transaction or strategy in financial instruments. Past performance is not a guarantee or prediction of future performance. Instant Trading EU Ltd. makes no representation and assumes no liability as to the accuracy or completeness of the information provided, or any loss arising from any investment based on analysis, forecast or other information provided by an employee of the Company or otherwise. Full disclaimer is available here.

Exchange Rates 02.07.2018 analysis

USD Index at Daily Charts seems meeting its strong Resistance level at 95.05, and this level looks like a good barrier for the USDX to continue going up, in a few days ahead there is a possibility the USDX will go down to test 94.67 as its first target and the 93.19 as its secondary target as long as the USDX does not break out and closes above 95.53.

(Disclaimer)

Arief Makmur
Analytical expert of InstaForex
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