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On the weekly time frame the Dollar Index seems to be bottoming out. Is it? Only time can tell. The RSI is begging for a reversal and the oversold conditions in the market may see the Dollar Index have a sweet and solid recovery. Feel free to comment, agree, disagree, question !! Have a good trading day.
6
EURUSD - potentially looking for higher levels with strong support at 1.31000. Do not remain short. We may see 1.3400 being taken out quickly and proceeding higher. 300+pips in the making.
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4 hour chart indicates potential down move to 92.90
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