FX.co ★ Technical analysis of the USD index

USD:

The chart shows the movement of dollar in the daily (D1) chart.

On August 19, #USD reached the support level of 108.10 right after undergoing a strong correction. The level is important as it determines whether the correction is already complete, or if dollar will resume growth.

If the resistance level is very strong, then USD will drop to 107.00. But if 108.00 - 108.10 is broken, it will rise to 09.50 or higher price levels.

Good luck!