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US Dollar Index

US Dollar Index

Thomas Long, Course Instructor

The index has yet to move up through any resistance levels though, so in reality is rallying up in a downtrend. This move up is reflected in the USD based pairs except for the USD/JPY which continues to move down. That does show the strength of the JPY and also makes this chart worth watching to see how long the USD strength can last.

US_Dollar_Index_body_63887d1281527155-chart-day-usd-811.png, US Dollar Index

DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.