Daily analysis of USDX for May 31, 2017

USDX struggled to consolidate above the 200 SMA at H1 chart, as the bears were the main driver of the index during Tuesday’s session. Currently, it’s targeting the support zone of 96.90 with bearish projections towards the 96.25 level. To the upside, the next resistances are still placed around 97.41 and 98.11. MACD indicator still […]