Sunday, August 14, 2016

Dollar Index tested channel support

Dollar Index slammed down on Wed and went down further on Fri tested channel support with worse than expected retail sales and PPI data.  Closed the week with an inside day back in  the consolidation range.
Resistance at TLU7, 96.3, TLD2, 97.3, TLD3, 98.3
Support at Trend Channel (Blue), 95.0, TLU8, TLU9, 94.0, TLD7

USD Impact currencies/Gold/Crude(wow)

Weekly chart with 50 SMA

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