USDX is overestimated
Hi traders,
Today I analyzed USD index that can reflect on currency basket and prices of commodities.
Level of index is currently overestimated and is above 95.00 lvl so I expect sharp drop to 94.70 lvl as a 1st target and maybe test 94.50lvl as a 2nd target.
That will reflect on strengthen currency basket against USD.
Feel free to comment your opinion!
Today I analyzed USD index that can reflect on currency basket and prices of commodities.
Level of index is currently overestimated and is above 95.00 lvl so I expect sharp drop to 94.70 lvl as a 1st target and maybe test 94.50lvl as a 2nd target.
That will reflect on strengthen currency basket against USD.
Feel free to comment your opinion!
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