Quotes Dollar Index traded at 100.62. At the moment, there is potential for further drop in prices in the region of the rising channel’s lower border in the area near the level 99.95.
Where we can expect the beginning of growth of quotations within the mining DXY rising forex model 5-0 with a potential upside target level above 102.
Dollar Index DXY forecast on February 17, 2017
In favor of a rebound in the near future, testing the support line on the indicator of relative strength, which does not exclude an attempt to increase since the current levels.
Cancellation option of continued growth of quotations index Dollar will fall and a break of the rising channel’s lower border with the closing quotation below 99.80, it will point to the continued decline in the area of a local minimum.
Dollar Index DXY forecast on February 17, 2017 suggests an attempt to rebound from the lower boundary of the rising channel bovine FX models 5-0 and continued growth with a view to a potential higher than 102 field.
Looking for the Best Forex Broker? We trade at RoboForex. You can receive a rebates from each trade when registering using our partner link
