FX.co ★ #USD Index Price Movement For March 16, 2020

The USD Index is likely to retrace to the OTE (Optimum Trade Entry) and the 79% level from the Fibonacci retracement. It will try to overcome the liquidity pool at the 98.58-98.66. As long as the #USDX does not decline bellow the 97.35, the US dollar may grow to 98.58-98.66.

The overall bias for #USDX is bullish.

(Disclaimer)