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[#USDX]
With all technical conditions supporting its weakness, then #USDX has the potential today to weaken toward its nearest support level.
Key Levels
1. Resistance. 2 : 98.11
2. Resistance. 1 : 97.87
3. Pivot : 97.73
4. Support. 1 : 97.49
5. Support. 2 : 97.35
Tactical Scenario
Pressure Zone: If the price breaks down below 97.49, there is potential for continued pressure toward 97.35.
Momentum Extension Bias: If 97.35 is broken, there is potential for the weakening to extend to 97.11.
Invalidation Level / Bias Revision
The downside bias is restrained if the price breaks out above 98.11.
Technical Summary
Ringkasan Teknikal
EMA(50) : 97.72
EMA(200): 97.68
RSI(14) : 26.72
Economic News Release Agenda:
Tonight the United States will release the following economic data:
US - Unemployment Claims - 20:30 WIB
US - Natural Gas Storage - 22:30 WIB
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.
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