01.07.202005:54 Forex Analysis & Reviews: USD Index Price Movement For July 01, 2020

Exchange Rates 01.07.2020 analysis

On the 4-hour chart, we spotted the Divergence between the Stochastic Oscillator and the USD index price. Based on this information, we see a potential for the #USDX to go down for testing the 97.11 level as long as USDX does not go up and closes above 97.50. Then, the 97.11 will still remain the prime target for the USD Index.


*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.

Arief Makmur,
Analytical expert
InstaForex Group © 2007-2021
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