USD Pairs, take a look at the Dollar Index

Jan 5, 2017

Hi Guys. I just analyzed the monthly and weekly chart of the Dollar Index.We see that we just touched the impotant 0.61 fibo of the big 7 years downtrend. This is a place where correction can start. As well we touched the 1.61 extension level of the may-july 2016 rally. It depends on tomorrow data from the usa. Lower prices around 99 are good buy opportunities, but we have time :) First lets wait for tomorrow! Have a good trade!