Ichimoku indicator analysis of USDX for June 15, 2017

Despite the Dollar weakness all day long yesterday, after the FOMC the Dollar showed reversal signs. There are important bullish divergence signs that imply the Dollar should bounce strongly from current levels. Red line – resistance Blue line – support Short-term resistance is at 97.50. Support at 96.50-96.30. Despite the new lower low yesterday, prices […]