The breakout of the 102.75 resistance level has met the initial target at 104.085.
If momentum persist, the United States Dollar Index can push towards they key resistance zone at 105.0 region.
The current upside momentum is extended with RSI approaching 70 and if price is to reach the 105.0 with the current momentum, it will be considered at overextended and potentially sell opportunities can be looked into.
If momentum persist, the United States Dollar Index can push towards they key resistance zone at 105.0 region.
The current upside momentum is extended with RSI approaching 70 and if price is to reach the 105.0 with the current momentum, it will be considered at overextended and potentially sell opportunities can be looked into.
