USD STRENGTH IF WE SEE A CLOSE ABOVE $97.00

12 Kas 2018

USD strength continues after the FED re-iterated there stance on monetary policy and for a December rate hike to be highly likely. Technically on the USDX price was stuck between a trading range between support of $93.90 and resistance of $97.00. The key here will be to see the close above the key resistance. If we see a clear close above the resistance we could see the USD strength take a hold of the market once again.