TimakaFx

USDX CURRENTLY AT STRONG INTRADAY RESISTANCE

TVC:DXY   US-Dollar Währungsindex
The dollar has gained in the past two days and bulls are seemingly strong, however, price rests below the 93.15 level which has been strong enough to take down price on July 21 and Aug 21 respectively. The case is however different as you can see the a bigger bullish momentum approaching the level and so may mean a possible break in to the March 21st highs at 93.44. I would recommend patience at the current 93.15 level, anyone who wants tot sell the dollar should wait for the most convincing bearish price action around this level, else they should wait for 93.44.

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