Technical Analysis and Outlook
The Dollar Index finished higher on Tuesday session as it consolidates much of the declines at Mean Support $95.04. This closure establishes the stage for transforming from bearish to semi-neutral bullish signaling that sideways to mildly higher prices are likely to occur in near term. For the Bears first Mean Support is at $94.14, while the Index Dip are resting at $94.14 as well.
The Dollar Index finished higher on Tuesday session as it consolidates much of the declines at Mean Support $95.04. This closure establishes the stage for transforming from bearish to semi-neutral bullish signaling that sideways to mildly higher prices are likely to occur in near term. For the Bears first Mean Support is at $94.14, while the Index Dip are resting at $94.14 as well.