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FX.co ★ USD index price movement for March 09, 2020

USD index price movement for March 09, 2020

USD index price movement for March 09, 2020

As we can see on the 4-hour chart, the USD Index is now moving toward the weekly liquidity pool sell stop order at 95.59-95.50. Although there is a possibility that the USDX may retrace but as long it does not close above the 97.47-97.50 levels the bias for the USD Index is still bearish.

(Disclaimer)

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
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